The Assignment of Money Due form is a legal document that facilitates the transfer of rights to collect a debt from the Assignor to the Assignee. This form needs to include specific details such as the description of the debt, the amount due, and the date of the agreement. It is essential that users clearly outline the debt to avoid any disputes regarding its validity. This document serves as a non-recourse assignment, meaning that the Assignee assumes all responsibility for collecting the debt, while the Assignor guarantees the debt's legitimacy. Key features of this form include spaces for the Assignor and Assignee to print their names and sign, confirming their agreement on the transfer. Additionally, users can customize the document by inserting relevant information, ensuring it addresses their specific situation effectively. Attendees from various legal disciplines—attorneys, partners, owners, associates, paralegals, and legal assistants—will find this document useful in managing debt assignments professionally. By utilizing this form, legal professionals can ensure proper documentation for collections, supporting smooth transactions in their practices.