How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Jo C. Your Own Question
Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31300
Experience:  Over 5 years in practice
12826847
Type Your Law Question Here...
Jo C. is online now

I want to ask about wether an assignment of debt is now null

Customer Question

Hello,
I want to ask about wether an assignment of debt is now null and void.
The Assignment of debt was between my late fathers business (limited company) and the executors of his estate. 3 people were named as executors on the deed of assignment.
However, it has now been noticed that only 2 of the named persons were actual executors, the third person was never an executor but was a director of the limited company.
The deed was signed by an actual executor.
As there has been an incorrectly named executor, could this nullify the assignment of debt from the limited company to the estate.
Many Thanks
Submitted: 9 days ago.
Category: Law
Expert:  Clare replied 9 days ago.

Thank you for your question

My name is Clare

I shall do my best to help you but I need some further information first

Why was the assignment entered into in the first place?

Customer: replied 9 days ago.
We sold a part of my late fathers business to another company and they agreed to pay by instalments. We wanted to dissolve my late fathers company so we had to assign the debt (the remainder of the instalments left to pay) to the executors of his estate.Thanks for your reply!
Michelle
Customer: replied 8 days ago.
Hi,
When will you be in a position to give us more information please - we need to move quickly on this problem.Many Thanks
Customer: replied 8 days ago.
We have re-submitted our question and got it answered elsewhere now. Thanks