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Notice of Assignment of Debt

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					This is a document sent to debtors notifying them that their obligation to pay a debt to a
lender has been transferred to a third party. By executing this document, the debtors
will make future payments to the third party instead of the original lender. The debtors'
obligations under the original loan agreement do not change and they must continue to
make timely payments to the third party. This document should be used by small
businesses or other entities that want to transfer their right to collect a debt to a third
party.
                                NOTICE OF ASSIGNMENT OF DEBT
                                [Instruction: Insert company letterhead.]



_____ [Instruction: Insert date.]



_____ [Instruction: Insert addressee name.]
_____ [Instruction: Insert address.]
_____ [Instruction: Insert city, state and zip code.]

Dear _____________________________, [Instruction: Insert addressee name.]

This letter shall serve as formal notice that the undersigned, _____ [Instruction: Insert Assignor
name.] (the "Assignor") has assigned to _____ [Instruction: Insert Assignee name.] (the
"Assignee") all of its right, title and interest in and to the debt owing by you to the Assignor in
the amount of _____ [Instruction: Insert debt amount.] under account number _____
[Instruction: Insert account number.] (the "Debt").

This shall serve as notice that you are hereby irrevocably authorized and directed to make all
future payments under the Debt directly to the Assignee as follows: _____ [Instruction: Insert
Assignee contact information.]. This notice and your obligation to make payment to Assignee
shall be effective as of _____ [Instruction: Insert date.].

Thank you for your prompt attention to this matter.

Sincerely

[Instruction: Insert signature block.]




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Description: This is a document sent to debtors notifying them that their obligation to pay a debt to a lender has been transferred to a third party. By executing this document, the debtors will make future payments to the third party instead of the original lender. The debtors' obligations under the original loan agreement do not change and they must continue to make timely payments to the third party. This document should be used by small businesses or other entities that want to transfer their right to collect a debt to a third party.