The New York Affidavit of Purchase and Sale of Account by Debt Seller (Debt Seller Actions) is a document which is used by debt sellers in the state of New York to transfer the ownership of accounts receivable from the debt seller to the purchaser. This document outlines the details of the transaction, such as the identity of the parties, the amount of the purchase price, the terms of the sale, and the date of completion of the sale. It also serves as a receipt of payment and evidence that the debt seller has met all of their obligations in the transaction. There are two types of New York Affidavit of Purchase and Sale of Account by Debt Seller (Debt Seller Actions): the Individual Account Purchase Agreement and the Bulk Purchase Agreement. The Individual Account Purchase Agreement is used when the debt seller is selling one account receivable or multiple accounts receivable to the purchaser. The Bulk Purchase Agreement is used when the debt seller is selling many accounts receivable to the purchaser. Both agreements require the debt seller to provide an affidavit of the sale and payment, and both agreements require the debt seller to provide a receipt of payment.