Use this template Assignment of Contract Debt form to assign to a third party (the assignee) your interest in a debt which arose under a contract to sell certain assets to another party who failed to follow through on the transaction.

The assignee is now purchasing the assets and will acquire the right to collect the debt along with the property.

This Assignment of Contract Debt form is generic (not country specific) and is available as a MS Word download. The document is fully editable to meet your needs.