This Notice of Assignment of Accounts gives formal notice that an account has been assigned to another party (the “assignee”) and that all future payments should be made to this party. This notice sets forth the detailed specifics of the assignment including the name of the debtor and the name and address of the assignee. It also sets out the date of account, invoice number, amount of account and terms of payment. It is important that this type of assignment arrangement be set out in writing. A written Notice of Assignment of Account will be helpful in the event there are disagreements or disputes as to whom should receive payment.

This Notice of Assignment of Account includes the following:

• Parties: Sets out the name of the individual who is paying on the account and the person to whom the account is assigned;
• Account Specifics: Sets out the date of account, invoice number, the amount owed and the specific payment terms;
• Payment Information: Sets out the name, address and telephone number of the assignee who will receive future payments from the debtor;
• Signatures: The individual assigning the accounts must sign and date this document in the presence of a witness.

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This attorney-prepared packet contains:

1. General Instructions
2. Notice of Assignment of Accounts

State Law Compliance: This form complies with the laws of all states