Deed of Assignment of Debt

This document can be used to assign a debt.

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Last updated May 6, 2025

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Suitable for Australia

Deed of Assignment of Debt

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What is a deed of assignment of debt?

A deed of assignment of debt is a legal document that transfers one party’s rights to receive payment of a debt to another party, without transferring any associated obligations or liabilities.
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When should you use a deed of assignment of debt?

Use this document when you want to transfer your right to collect a debt to another party, especially if no valuable consideration is provided for the assignment.
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What should be in a deed of assignment of debt?

It should clearly identify the parties, specify the debt being assigned, outline the rights being transferred, and include any necessary powers or notices required for enforcement.
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Frequently asked questions

What is a deed of assignment of debt?

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When should you use a deed of assignment of debt?

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What should be in a deed of assignment of debt?

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What protections does this document provide to the assignee?

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Are there any limitations on assigning a debt?

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Do I need to notify the debtor or guarantor?

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What are the next steps after signing the deed?

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View Sample Deed of Assignment of Debt

Deed of Assignment of Debt

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