Kolesnyk Ilya
Kolesnyk Ilya

Attorney

Phone numbers
+38 (073) 007-44-49 +38 (073) 007-44-54

Specialist in bankruptcy of individuals and legal entities. Provides legal support in bankruptcy procedures for individuals, private limited liability companies, legal entities, as well as closing executive proceedings, concluding restructuring and settlement agreements with financial institutions

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Agreement on the assignment of the right of claim

Agreement on the assignment of the right of claim

In today’s business world, subrogation agreements are becoming an increasingly popular tool. This legal mechanism allows companies and individuals to conveniently manage their assets, improve their financial condition and optimize their tax obligations.

What is a waiver of claim?

Assignment of the right of claim is a civil law contract under which one party transfers to another party its right to demand the performance of an obligation from a third party (debtor).

Assignor and assignee: who is it?

  • The assignor is the party that transfers the right of claim. It can be both a natural person and a legal entity that has a debtor that owes it.
  • The assignee is the party that receives the right of claim. It can also be both an individual and a legal entity, which becomes a new creditor of the debtor.

Simply put, the assignor “sells” to the assignee the debt owed to him.

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Possibilities provided by the contract on the assignment of the right of claim:

  1. Improvement of liquidity. Thanks to this contract, the assignor can quickly receive funds, instead of waiting for the debtor to fulfill the obligation.
  2. Optimization of taxes. The assignor can use the agreement to optimize its tax obligations, for example, to transfer losses to the assignee.
  3. Simplification of debt collection. The assignee may have more opportunities to collect the debt from the debtor than the assignor.
  4. Investment opportunity. The assignee may view the purchase of the claim as an investment, expecting to receive a return on the repayment of the debt.

Why is it important to contact a lawyer to draw up an assignment agreement?

Drawing up a contract on the assignment of the right of claim is a complex legal process that requires knowledge and experience. Independent drafting of the contract can lead to mistakes, which will later have negative consequences for the parties.

Here are some reasons why it is important to consult a lawyer:

  1. Protection of your interests. A lawyer will help you draw up a contract correctly so that it meets all the requirements of the law and protects your interests as much as possible.
  2. Identification and minimization of risks. A lawyer will help you identify possible risks associated with the assignment of the right of claim and take measures to minimize them. This may include checking the debtor’s creditworthiness, analyzing existing collateral, and other actions.
  3. Avoiding mistakes. A lawyer has the knowledge and experience necessary to properly draft a contract and avoid mistakes that could lead to disputes or litigation.
  4. Saving time and effort. Drawing up an assignment agreement can be time-consuming and time-consuming. By contacting a lawyer, you can save time and effort that you can spend on other, more important matters.
  5. Professional help. A lawyer can provide you with professional assistance at all stages of concluding a contract, from consultation to signing and registration.

It is important to remember that a lawyer is your advocate in legal matters. By contacting him, you can be sure that your contract on assignment of the right of claim will be drawn up competently and reliably.

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How our lawyers work with agreements on the assignment of the right of claim

Analysis:

  • You are contacting us with your request to draw up an agreement on the assignment of the right of claim.
  • Our lawyers study your situation in detail, analyze the documents confirming the existence of the debt, and collect all the necessary information.
  • We identify all possible risks and nuances associated with a specific case.

Advice:

  • After the analysis, the lawyers provide you with comprehensive advice on all aspects of the assignment of the right of claim.
  • We explain to you your rights and obligations, as well as the possible consequences of concluding a contract.
  • You can ask any questions, and our lawyers will give you clear and understandable answers.

Contract development:

  • On the basis of the received information and your wishes, the lawyers develop a draft agreement on the assignment of the right of claim.
  • The contract will meet all legal requirements and protect the interests of both parties.
  • We agree with you all the provisions of the contract, make the necessary amendments and revisions.

Signing the contract:

  • After the draft contract is fully agreed upon, you and the other party sign it.
  • We can help you arrange a meeting to sign the contract.

Accompaniment:

  • If any questions or problems arise after signing the contract, our lawyers are ready to provide you with the necessary assistance and support.
  • We can represent your interests in court if the need arises.

Important: We guarantee complete confidentiality of all information you provide us.

If you would like to order a consultation or would like to know the price of a contract on the assignment of the right of claim – fill out the form below.

Calculate the cost of services

1 question

Do you need to draw up an assignment agreement?

Yes
No

2 question

Do you need legal help from a bankruptcy specialist?

Yes
No

3 question

Do you need the services of a lawyer urgently?

Yes
No

Is it possible to go through the bankruptcy procedure if the debt is less than 180,000 UAH?

Bankruptcy can be filed regardless of the amount of debt — there are no minimum limits set by law. However, if the amount of debt is less than UAH 180,000, it is usually more advisable to agree on debt restructuring, as bankruptcy may be economically unprofitable.

If I am not in Kyiv, can I cooperate with you?

Yes, we work remotely throughout Ukraine and even with clients abroad! We have many clients from Lviv, Odessa, Dnipro, Kharkiv, Cherkasy and other settlements.

Communication is carried out in any way convenient for you.

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Bankruptcy

Agreement on the assignment of the right of claim An appeal against a court decision on debt collection Anti-collector Application for initiation of bankruptcy proceedings Assignment of the right of claim under the credit agreement Bankruptcy certificate for legal entities Bankruptcy of a legal entity Bankruptcy of a utility company Bankruptcy of an individual Bankruptcy of an individual entrepreneur Bankruptcy of individuals Certificate from the Unified Register of Enterprises in respect of which bankruptcy proceedings have been initiated Challenging the executive inscription of the notary on the loan Checking the availability of loans for an individual Collect the debt from the guarantor Consultation of a lawyer regarding credit debts Consultation on bankruptcy of an individual Corporate Bankruptcy (Company Bankruptcy) Credit debt collection Credit lawyer Credit restructuring in a bank/microfinance organization Debt cancellation Debt collection for housing and communal services Debt collection under a credit agreement Debt collection under the factoring contract Debt collection under the loan agreement Debt restructuring for housing and communal services Debt restructuring under a credit agreement Debt write-off for credit / microloans Debt write-off in bankruptcy Declaration of bankruptcy Development of a contract of assignment of the right of claim Development of a debt receipt Development of a loan agreement between individuals EBRD lending Executive proceedings for communal services Fictitious bankruptcy File for bankruptcy Financial rehabilitation and bankruptcy of enterprises Forced collection of debt Forced collection of debt under a credit agreement Gas debt restructuring How to get a certificate of bankruptcy / no bankruptcy? Individual Bankruptcy Lawyer Judicial debt restructuring outside of bankruptcy proceedings Lawyer for credits and microloans (MFI) Lawyer under Art. 200 of the Criminal Code – Illegal actions with transfer documents, payment cards and other means of access to bank accounts, electronic money Lawyer under Article 302 of the Criminal Code – Creation or maintenance of places of debauchery and solicitation Legal advice on loans Legal analysis of credit agreements Legal assistance with microcredits (MFIs) Legal support of the assignment of the right of claim Legal support of the bankruptcy procedure Liquidation of a company through bankruptcy proceedings Liquidation of a legal entity Liquidation of LLC with debts Liquidation of the company under the bankruptcy procedure Mortgage write-off under the bankruptcy procedure Obtaining a certificate of absence of bankruptcy Opening of bankruptcy proceedings Protection of creditors’ rights during the liquidation of a legal entity Protection of creditors’ rights in bankruptcy Protection of the rights of consumers of banking services Recognizing a natural person as bankrupt Removal of seizure from the account for payment of wages Removal of seizure from the debtor’s accounts Restructuring debt on a mortgage loan in foreign currency Restructuring of electricity debt Restructuring of foreign currency loan Restructuring of foreign currency loan Privatbank Restructuring of foreign currency mortgage Restructuring of heating debt Restructuring of the debtor’s debts Sanitation of the debtor in bankruptcy cases Sanitation of the enterprise Statement of claim for collection of debt for utility services Statement of claim for debt collection Statement of claim for debt collection under a credit agreement Statement on insolvency of a natural person Support of creditor in the bankruptcy procedure Support of creditors in the debt collection procedure Support of creditors in the restructuring procedure Support of the bankruptcy procedure of a legal entity Support of the bankruptcy procedure of an individual The bankruptcy procedure of an individual Voluntary liquidation of a legal entity through the bankruptcy procedure Write off a loan for a mortgage (housing) Write off a mortgage loan Write-off of accounts payable Write-off of Borgs for utility services Write-off of loan debt for the guarantor