Assignment of Accounts Receivable with Recourse

This sample Assignment of Accounts Receivable with Recourse form is similar to it's double, the sample letter with non-recourse.

That difference of course, being with or sans recourse.

That slight change, that small discrepancy, could alter the entire agreement and is essentially the form itself.

With or without recourse, this sample form (and its partner) will give specified direction as to how accounts that are transferred or sold should be handled.

Accounts receivable in general, can have some problematic language and and agreements should be clear and well understood.

Use this sample form for your template and it will be just that, clear, professional, understood.

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FOR VALUE RECEIVED, the undersigned hereby sells and transfers all right, title and interest in and to the account[s] receivable as annexed; to _______.

_______, the undersigned warrants that said account[s] are just and due and the undersigned has not received payment for same or any part thereof.

It is further provided that if any said account does not make full payment within ___ days, said account[s] may be retransferred to the undersigned and the undersigned shall repurchase same for the balance then owing on said account[s].

Signed under seal this ____ day of _______, 20____.


Related Pages
Assignment of Accounts Receivable with Non-Recourse
Initial Notice of Balance Discrepancy
Good Faith Partial Payments to Creditor

Other Pages You Might Like
Request for Clarification on Applying Payment
Refund of Duplicate Payment
Notice to Terminate AKA Account

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