The New York Affidavit of Purchase and Sale of Account by Debt Seller is a form used when a debt seller wants to transfer the rights in relation to a debt to a purchaser. This form is used to guarantee that the purchaser of the debt is the legal owner of the debt and that the seller has the right to transfer the debt. The affidavit is signed by both parties and filed with the court. There are two types of New York Affidavit of Purchase and Sale of Account by Debt Seller: 1) An “Individual Account Purchase and Sale Affidavit” and 2) An “Aggregate Account Purchase and Sale Affidavit.” The Individual Account Purchase and Sale Affidavit is used when a debt seller is selling a single account or a few accounts to a single purchaser. The Aggregate Account Purchase and Sale Affidavit is used when a debt seller is selling multiple accounts to multiple purchasers.
The New York Affidavit of Purchase and Sale of Account by Debt Seller is a form used when a debt seller wants to transfer the rights in relation to a debt to a purchaser. This form is used to guarantee that the purchaser of the debt is the legal owner of the debt and that the seller has the right to transfer the debt. The affidavit is signed by both parties and filed with the court. There are two types of New York Affidavit of Purchase and Sale of Account by Debt Seller: 1) An “Individual Account Purchase and Sale Affidavit” and 2) An “Aggregate Account Purchase and Sale Affidavit.” The Individual Account Purchase and Sale Affidavit is used when a debt seller is selling a single account or a few accounts to a single purchaser. The Aggregate Account Purchase and Sale Affidavit is used when a debt seller is selling multiple accounts to multiple purchasers.
