Assignment & Postponement of Claim - Limited

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This Assignment and Postponement of Claim (Limited) assigns a lender's claims in favor of a new lender. This assignment sets out the specific terms including the limitations of liability.

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This Assignment and Postponement of Claim (Limited) is between a lender who agrees to assign another lender all present debts and liabilities owed by a borrower. This agreement sets out the specific terms of this arrangement including grantor's postponement of any claims in favor of the other lender and limitations of liability under this arrangement. It is imperative that this assignment be clearly set forth in writing. A written Assignment and Postponement of Claim (Limited) will prove useful in the event of borrower's default or insolvency.

This Assignment and Postponement of Claim (Limited) includes:
  • Parties: Sets forth the names of the original lender, new lender and borrower;
  • Assignment: Sets out that all future debts owed by borrower will be assigned to the new lender;
  • Postponement: Lender agrees to postpone claims against borrower to new lender;
  • Signatures: This assignment must be signed by all parties.

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This attorney-prepared packet contains:
  1. General Information
  2. Assignment and Postponement of Claim (Limited)
State Law Compliance: This form complies with the laws of all states
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages5
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28601
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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