Debt Assignment Agreement Template for Hong Kong

1. Security Assignment: Include when the assignment is by way of security rather than absolute assignment

2. Debtor's Consent: Include when the original debt agreement requires debtor's consent for assignment

3. Partial Assignment: Include when only a portion of the debt is being assigned

4. Collection and Administration: Include when specific arrangements for debt collection need to be documented

5. Reassignment: Include when there are circumstances under which the debt should be reassigned

6. Confidentiality: Include when sensitive commercial information is involved

7. Data Protection: Include when personal data is involved in the assigned debt

8. Anti-Money Laundering: Include when required by the nature of the parties or transaction

1. Schedule 1 - Details of the Debt: Comprehensive details of the debt being assigned including amount, interest, payment terms

2. Schedule 2 - Original Debt Documentation: List and copies of all relevant original debt documents

3. Schedule 3 - Form of Notice to Debtor: Template notice to be sent to the debtor regarding the assignment

4. Schedule 4 - Completion Requirements: Checklist of documents and actions required for completion

5. Schedule 5 - Related Security Documents: Details of any security or guarantees associated with the debt

6. Appendix A - Payment Details: Bank account and payment instruction details for the consideration

7. Appendix B - Power of Attorney: Form of power of attorney if required for debt collection