Ontario Assignment of Debt and Security
Assign your interest in a debt and its underlying security with this Assignment of Debt and Security form for the Province of Ontario.
- The assignor (creditor) holds a security interest over the property and assets of a debtor as security for a loan.
- The assignor assigns and transfers the security interest to another party who is purchasing all of the assignor's interest in the debt and the security.
- This type of assignment is often part of a sale of a business that extends credit to its customers.
The Ontario Assignment of Debt and Security is available as a downloadable and fully editable MS Word document.
Last Updated: 14-April-2016