Claims assignment agreement 

Use this contract: 

• When you have claims against a debtor, in pounds or foreign currency.
• To assign the claim, in whole or in part, to the assignee.
• If the debtor’s agreement is required for the assignment as indicated in the initial agreement with the debtor.
• Whether the assignment is free of charge, for a price or for a collection fee.

£20/document

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Jurisdiction: England and Wales
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Use the following options to optimise the conditions of the assignment: 

• Possibility of assigning receivables in principal, with contractual interest, interest on arrears, costs and penalties accrued to date. 
• Conditions precedent to assignment and additional guarantees from assignor to assignee. 
• Flexibility in the calculation and payment of the commission or price for collection. 
• Closing costs to ensure minimum remuneration for the assignee, regardless of collection success.