Assign a debt from one party to another with this Agreement to Assume Debt form for the United Kingdom.

The new debtor shall assume the debt from the existing debtor, and pay the debt upon terms set out in the Agreement. If the new debtor defaults in payment, the creditor will have full rights to bring action jointly and severally against both debtors for payment of the outstanding balance.

This United Kingdom agreement to assume debt is provided in MS Word format, and is easy to download, fill in and print.