The Harris Texas Agreement and Assignment of Judgment for Collection to Collection Agency is a legal document used in the state of Texas to transfer the rights of a judgment to a collection agency. This agreement allows the original creditor, also known as the assignor, to assign the judgment to a collection agency, known as the assignee. The Harris Texas Agreement and Assignment of Judgment for Collection to Collection Agency outlines the terms and conditions of the assignment, including the amount of the judgment, the parties involved, and any fees involved in the assignment. This document ensures that both parties are aware of their rights and obligations throughout the collection process. There are several types of Harris Texas Agreement and Assignment of Judgment for Collection to Collection Agency, each with its own specific purpose. Some common types include: 1. Assignment of Judgment for Collection: This type of agreement is used when a creditor wants to assign a judgment to a collection agency for collection purposes. It includes details such as the amount of the judgment, the terms of the assignment, and any commission or fees involved. 2. Partial Assignment of Judgment: In some cases, a creditor may choose to assign only a portion of a judgment to a collection agency. This type of agreement outlines the specific portion of the judgment being assigned and any relevant terms. 3. Multiple Assignment of Judgment: When a judgment is assigned to more than one collection agency, a multiple assignment agreement is used. This document specifies the percentage or amount of the judgment assigned to each agency and the order in which they will try to collect. 4. Power of Attorney Assignment of Judgment: This type of agreement grants the collection agency the power of attorney to act on behalf of the original creditor in collecting the judgment. It allows the agency to take legal actions, negotiate payment arrangements, and make decisions regarding the judgment. 5. Temporary Assignment of Judgment: In certain situations, a creditor may choose to temporarily assign a judgment to a collection agency. This could be done to expedite collection efforts or when the creditor is unable to pursue collections for a certain period. The agreement specifies the duration of the temporary assignment and any conditions or limitations. It's important to consult with a legal professional or attorney to ensure that the Harris Texas Agreement and Assignment of Judgment for Collection to Collection Agency meets all legal requirements and accurately represents the intentions of both parties involved.