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CIRCUIT COURT DISTRICT COURT OF MARYLAND FOR City/County Court Address Located at Plaintiff Case No. Defendant vs. ASSIGNMENT OF JUDGMENT (MD Rule 3-624) A judgment in the above case was entered on

How to fill out assignment of judgment

How to fill out assignment of judgment:

1. Obtain the necessary forms from the court or legal authority that issued the judgment.
2. Fill in your personal information, such as your name, address, and contact details.
3. Provide the details of the judgment, including the court case number, the names of the parties involved, and the date the judgment was issued.
4. Clearly state that you are assigning the judgment to another party. Include the name and contact information of the party receiving the assignment.
5. Sign and date the assignment form.
6. File the completed assignment form with the court or legal authority that issued the judgment.
7. Keep a copy of the assignment form for your records.

Who needs assignment of judgment:

1. Judgment creditors who wish to transfer their rights to collect the debt to another party.
2. Individuals or businesses that have purchased the rights to collect on a judgment.
3. Attorneys or collection agencies that specialize in debt collection and enforcement can also utilize assignment of judgment forms.

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What is assignment of judgment?

An assignment of judgment is a legal document that transfers the rights to collect a judgment from one party to another. This typically occurs when the original judgment creditor sells or assigns their right to collect the judgment to another party.

Who is required to file assignment of judgment?

The party who is receiving the rights to the judgment, known as the assignee, is typically required to file the assignment of judgment with the court where the judgment was originally entered.

How to fill out assignment of judgment?

To fill out an assignment of judgment, the assignee must complete a form that includes details such as the original judgment debtor, the original creditor, the amount of the judgment, and the signatures of both the assignor (the original creditor) and the assignee (the new creditor).

What is the purpose of assignment of judgment?

The purpose of an assignment of judgment is to allow the new creditor to collect on a judgment that was originally awarded to another party, thereby facilitating the transfer of rights in a legal claim for monetary recovery.

What information must be reported on assignment of judgment?

The information that must be reported on an assignment of judgment typically includes the name and address of the original creditor, the name and address of the assignee, the details of the judgment (such as case number and amount), and necessary signatures.