Assignment of Debt as Security - No Interest Permitted

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This Assignment of Debt as Security (With No Interest) will assign debt as security for another loan. This assignment can easily be tailored to fit your specific needs.

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For Immediate Download

$19.95 Add to Cart
Free eSignature included
with every order
Please select a state

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This Assignment of Debt as Security with No Interest is between an assignor who agrees to assign a lender the debt as collateral for another loan. This assignment sets out the specific terms including the amount of both the debt and the new loan. It is imperative that this assignment be set out in writing. A written Assignment of Debt as Security will prove invaluable in the event of disagreements, misunderstandings or litigation between the parties.

This Authorization of Debt as Security (No Interest) includes:
  • Parties: Sets out the names of the assignor, lender and the borrower;
  • Assignment: Sets forth the amount of debt owed by borrower to assignor and that assignor agrees to assign lender the debt as collateral security, without interest;
  • Signature: This authorization must be signed by all parties in the presence of witnesses.

Protect yourself and your rights by using our attorney-prepared forms.

This attorney-prepared packet contains:
  1. General Instructions
  2. Assignment of Debt as Security (No Interest)
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 Pages4
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28606
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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