Contract for transfer of rights
Introduction
A assignment may refer to:.
The assignment of debts is a contract, where a person who is a debtor transfers the debt he has to another, as long as his creditor authorizes it. The effect of the transfer of debt is that it allows the person of the debtor to change, without the obligation being extinguished and the same personal right subsists with the same object and the same creditor. It is a legal act where three wills intervene, that of the original debtor, that of the third party (the one who will assume the debt) and that of the creditor.