Thank you for your kind words:
I accidentally stumbled upon the LawLive website and was very impressed with the information provided and general layout of the site. The services that Law Live provide are extremely valuable, particularly to persons setting up their own business with little time on their hands and or a lack of understanding of legal requirements.
I have found the overall service and assistance of the Law Live team to be impeccable. I look forward to continually using your
Anita Anand - Limelight Recruitment
- Assignment of Debt
Use Lawlive's Deeds of Assignment of Debt (Loans) to assign a debt as between companies and individuals or between each. The deeds assign rights and accordingly it is important to consider the requirements to assign a debt and the risks of doing so. Some advantages of assigning a debt are that no consideration is required for a valid legal assignment, the assignee is entitled to sue the debtor in its own name and does not need to join the assignor as a party to the action, the debtor can safely perform its obligations in favour of the assignee, the assignee is the person who can discharge the debt, and that a legal interest is obtained for value and without notice of earlier equitable interests and will be accorded priority ahead of equitable interests.
