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Re: Slayton post# 47799

Friday, 08/18/2006 8:39:13 PM

Friday, August 18, 2006 8:39:13 PM

Post# of 169274
Slayton, its gotta be a debt assignment
the bonds are of course debt instruments
Debt Assignment: A transfer of debt from a creditor to a third party.

Notes:
In a debt assignment, a creditor assigns the debt that is owed and all rights associated with it to a third party. This may occur at a personal or corporate level, and the debtor should remain unaffected unless new terms are agreed upon.

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