Home › Law for Everybody › Assignment of Demand for Wages or Debt

Assignment of Demand for Wages or Debt

In consideration of $500 to me in hand paid by M. D., of the city of the receipt whereof is hereby acknowledged, I, L. C., of the same place, have sold, and by these presents do sell, assign, transfer, and set over, unto the said M. D., a certain debt due from N. E., amounting to the sum of $250, for work, labor, and services, by me performed for the said N. E. (or for goods sold and delivered to the said N. E.), with full power to sue for, collect, and discharge, or sell and assign the same in my name or otherwise, but at his own cost and charges; and I do hereby covenant that the said sum of $250 is justly due as aforesaid, and that I have not done and will not do any act to hinder or prevent the collection of the same by the said M. D.

Witness my hand, this May 20, 1892.