#Debt collection,#debt and lending agreement,#contracts and agreements,#family
1 year ago
I want to ask that if person A gives loan to person B THEN, CAN PERSON A GIVE THE LEGAL RIGHT OF RECEIVING THE DIRECT PAYMENT OF LOAN AT THE TIME OF MATURITY TO A's SPOUSE OR LEGAL HEIRS LEGALLY. I know we can sell our sundry debtors to anyone. But in this situation person a is not getting anything in return , he is only gifting the right to receive the loan maturity amount directly to spouse and legal heirs. Is it possible ? Without exchanging ? And which document is needed legally ?
A.Dear client
I think your question was replied previously. As said earlier you need to have a tripartite agreement.
I think your question was replied previously. As said earlier you need to have a tripartite agreement.
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