Notice of Assignment of Debt to Debtor

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Notice of Assignment of Debt to Debtor is official notice that a debt has been assigned to another party. This notice sets out the amount owed on the debt and where future payments should be made.

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This Notice of Assignment of Debt to Debtor will notify a debtor that the entity who currently owns the debt (such as a mortgage company or bank) has assigned debtor's account to another party. This notice sets out the name of the debtor, name of the entity to whom the debt was assigned and the amount owed. It also provides the address and phone number of the assignee. It is important that this assignment be set out in writing. A written Notice of Assignment of Debt to Debtor will be beneficial in the event there are disagreements or misunderstandings as to who now owns the debt and where future payments should be made.

This Notice of Assignment of Debt to Debtor includes:
  • Parties: Name of the debtor and the assignee;
  • Notification: Sets out that the debt was assigned, the person to whom it was assigned and where future payments should be made;
  • Signature: This notice must be signed and dated by the assignee in the presence of a witness.

Protect your rights by using our attorney-prepared forms.

This attorney-prepared packet contains:
  1. General Instructions
  2. Notice of Assignment of Debt to Debtor
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.
 
 
Notice of Assignment of Debt to Debtor

 

 
 
 
TO:   [Name of Person who Owes the Debt (Debtor)]
 
 
TAKE NOTICE that the undersigned, [Name of Assignor] (the "Assignor") has assigned to [Name of Assignee] (the "Assignee") all of its right, title and interest in and to the debt owing by you to the Assignor in the amount of [Amount of Debt (ie. $25,000)] (the "Debt").
 
You are hereby irrevocably authorized and directed to make all future payments under the Debt directly to the Assignee as follows:
 
[Name of Assignee]
[Address of Assignee]
 
[Telephone No. of Assignee]
 
Let this be your good and sufficient authority for so doing.
 
 
Dated this _____ day of ____________________, 20_____.
 
 
 
 
 
 
Witness
 
[Name of Assignor]
 
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28669
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.
 
 
Notice of Assignment of Debt to Debtor

 

 
 
 
TO:   [Name of Person who Owes the Debt (Debtor)]
 
 
TAKE NOTICE that the undersigned, [Name of Assignor] (the "Assignor") has assigned to [Name of Assignee] (the "Assignee") all of its right, title and interest in and to the debt owing by you to the Assignor in the amount of [Amount of Debt (ie. $25,000)] (the "Debt").
 
You are hereby irrevocably authorized and directed to make all future payments under the Debt directly to the Assignee as follows:
 
[Name of Assignee]
[Address of Assignee]
 
[Telephone No. of Assignee]
 
Let this be your good and sufficient authority for so doing.
 
 
Dated this _____ day of ____________________, 20_____.
 
 
 
 
 
 
Witness
 
[Name of Assignor]
 

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