Payment For Due Bills In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due form is a legal document designed to facilitate the transfer of debt obligations from one party to another in Salt Lake. This form allows the Assignor to assign their rights to collect a debt to the Assignee, clearly stating the specifics of the debt being assigned, such as the amount and the due date. It is a non-recourse assignment, meaning that the Assignee is responsible for the collection of the debt, while the Assignor warrants the validity of the debt. To fill out the form, users must provide the names of both the Assignor and the Assignee, along with a detailed description of the debt, including the amount owed and any related documentation. This form is particularly useful for attorneys, partners, and legal assistants involved in debt recovery cases, as it streamlines the process of transferring debt rights. Associates and paralegals can also benefit by using the form to aid clients in resolving outstanding debts effectively. Overall, this form serves as a vital tool for legal professionals working in collections and financial agreements.
