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I, {Assignor name}, hereby assign and transfer to {Assignee name}, herein known as "Assignee," all debts and money currently due and payable to me, or to become due and payable to me from {Obligor name}, herein known as "Obligor."
The debts from the Obligor were occurred as a result of {reason the Obligor owes anyone money}.
Obligor shall, from {date} forward, pay all debts pursuant to the above-mentioned contract, to Assignee at {address}.
Furthermore, I authorize Assignee to accept all such payments from Obligor.
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Formatted and ready to use with Microsoft Word, Google Docs, or any other word processor that can open the .DOC file format.
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