Assignment With A Returned Value In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form serves as a legal document enabling an Assignor to transfer their rights, title, and interest in a specific debt to an Assignee. This form is particularly relevant in Sacramento, where users may seek to formalize financial transactions or debt assignments. It requires the Assignor to provide detailed information about the debt being assigned, including the amount due and the associated due date. Importantly, the agreement stipulates that it is a non-recourse assignment, indicating that the Assignee is solely responsible for collecting the debt, while the Assignor guarantees the validity of the debt. This document is essential for attorneys, partners, owners, associates, paralegals, and legal assistants as it simplifies the process of debt assignment and ensures legal protections are in place. Users should fill out the form carefully, ensuring accuracy in descriptions and dates to avoid future disputes. Editing is straightforward, focusing on the necessary data fill-ins related to debt specifics and the parties involved. Overall, this form is a vital tool for anyone operating within the legal and financial sectors in Sacramento, providing clarity and formalization during monetary transference.
