You are a creditor.You have assigned (transferred)your right to receive payment from the debtor to a third party.Which of the following rules apply?

Question

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In most jurisdictions, the rule that applies is that the debtor is not obliged to pay the third party until they are notified of the assignment. Listing the assignment on an Official Register of Debts and Liabilities or requiring the debtor's agreement may be required in some specific situations or jurisdictions, but this is not a general rule.

You Are a Creditor