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COLLATERAL ASSIGNMENT FOR USE OUTSIDE QUEBEC ONLY In Quebec, use form C0073NOTICE OF MOVABLE HYPOTHESIS WITHOUT DELIVERY (QUEBEC) Throughout this form, Empire Life means The Empire Life Insurance
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How to fill out request for collateral assignment
How to fill out request for collateral assignment
01
Obtain the necessary forms for requesting a collateral assignment from your lender or financial institution.
02
Fill out the applicant information section with your personal details such as name, address, contact information, etc.
03
Specify the collateral you are assigning in the appropriate section, including details such as type of collateral, value, and any relevant documentation.
04
Sign and date the form, acknowledging your understanding of the collateral assignment agreement and granting permission for the assignment.
05
Submit the completed form to your lender or financial institution for processing and approval.
Who needs request for collateral assignment?
01
Borrowers who are using collateral to secure a loan or credit agreement.
02
Lenders who require additional assurance that their loan will be repaid.
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