General Assignment of Book Debts
Obtain a signed copy of this General Assignment of Book Debts from a borrower to secure a loan.
- The borrower assigns its book debts and accounts to the lender as general continuing collateral security for a commercial loan or credit facilities provided by the lender.
- The assignment gives the lender the right to collect, demand payment, sue, enforce, receive and recover the borrower's book debts.
- This is a generic legal form which is not country-specific.
- The General Assignment of Book Debts template is a downloadable MS Word file which is easily customizable to fit your needs.
Last Updated: 10-January-2021