Money With Deal In Washington
Category:
State:
Multi-State
Control #:
US-00422
Format:
Word;
Rich Text
Instant download
Description
The Assignment of Money Due is a legal document used in Washington to assign a debt from one party, the Assignor, to another party, the Assignee. This form enables the Assignor to grant their rights to collect money owed to them, specifying the debt details, including the amount and due date. Key features of this form include its non-recourse nature, meaning the Assignee assumes the responsibility of collection, while the Assignor guarantees the validity of the debt. Filling out the form requires careful completion of both parties' names, a clear description of the debt, and a declaration of the agreement date. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants dealing with financial transactions or debt management. It streamlines the process of transferring rights to collect debts, ensuring clarity and legal protection for both parties involved. By utilizing this form, legal professionals can help clients effectively manage their financial obligations and secure their interests in outstanding debts.
