When the assignment is merely part of a debt,the assignment is an equitable and not statutory assignment.

Name: When the assignment is merely part of a debt,the assignment is an equitable and not statutory assignment.
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When an assignment is only part of a debt, it is considered an equitable assignment, as it involves a transfer of a beneficial interest in the debt. Statutory assignments, on the other hand, involve a legal transfer of ownership or title to the debt.

When the Assignment Is Merely Part of a Debt,the Assignment