India witnessed a truly historic moment on November 8, 2016, when the government took the remarkable step of demonetizing Rs500 and Rs1000 notes. Prime Minister Narendra Modi, in his address to the nation, stated one of the reasons for this policy was to counter the rising menace of fake Indian currency notes.
Debt Assignment. DEFINITION of 'Debt Assignment'. A transfer of debt, and all the rights and obligations associated with it, from a creditor to a third party. Debt assignment may occur with both individual debts and business debts. The company assigning the debt may choose to do so in order to improve its liquidity and/or to reduce its risk exposure.
An assignment of mortgage transfers a lenderâs interest in a mortgage to another party, usually a bank. Because they involve changes in the status of a real estate title, assignments must be recorded with the land records for the county where the p... For purposes of estate planning, a living trust allows the trust maker to make decisions about their assets in the event of death.