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A pledge which is also known as bailment is a process in which a debtor puts his property with the creditor as insurance or guaranty for the return of the payment. The pledge usually includes real …
A risk certificate is also known as the guaranty or insurance certificate and it’s issued in all companies, organizations and corporations. Risk assessment or management is a process in which the p…
There are some situations that buyers receive defective or damaged goods against the order they placed with the supplier. It can be because the supplier actually sent the defective goods intentiona…
When companies conduct business with other companies, clients, customers and suppliers, they usually do it on credit which means the buyer receives the order on time but pays the supplier later eit…
When a corporation or a company uses a title which doesn’t include the official name(s) of the partners or owners, it is described as an assumed or fictitious name.
We reproduce a number of contracts and forms that are useful in forming and operating a business with a maximum level of asset protection. From the earliest agreement to start a company to ways to remove valuable assets from a growing business, these forms cover the most popular strategies and gives clues as to how best to structure your operation. Equipment leases and various financing arrangements are also covered, allowing you the greatest protections under the law.
This Assignment of Accounts Receivable with Recourse Template can be used to quickly remove valuable receivables from the operating entity. Cash paid to the operating entity for the receivables is then quickly withdrawn as payments to the owner (or the holding entity) as salary, rents, loan payments, etc.
Some of these forms contain technical language and create significant legal obligations. Do not use any form without first having an attorney review the form and determine that it is suitable for the purpose for which you intend it.
This file contains a three-page documents in rich text format (RTF) that is suitable for use with most word processing programs used in the Windows environment.
This sample document include sections on the following:
- the parties involved and the terms of the assignment
- the value placed on the reassigned accounts receivable
- terms for collecting the accounts receivable
- terms for returning the accounts receivable