It Should Be Recalled That a Cession Is a Transfer From One Creditor to Another of the Right to Claim a Debt. It Implies an Agreement Whereby the Assignor (the Original Creditor) Transfers to the Assignee (Another Person) the Right to Claim the Debt. Debtors After the Conclusion of Such an Agreement Between Creditors Will Be Obliged to Pay the Funds Necessary to Repay the Debt, Not to the Assignor, but to the Assignee. The Original Creditor Is Obliged to Inform the Debtors in Writing That He Now Bears Obligations to the New Creditor. In This Case, the Consent of the Non-payer Himself Is Not Required (Article 382 of the Civil Code).
When Creditors Change, Only the Party to the Obligation Changes, While the Obligation Itself, Which Is Reflected in the Contract, Remains Constant. In Accordance With Article 384 of the Civil Code of the Russian Federation, Unless Otherwise Provided by an Agreement or Law, the Right of the Original Creditor to the Assignee Passes on the Conditions and to the Extent That Existed at the Time of Its Transfer. Let's Consider How to Correctly Arrange the Debtor's Postings for the Assignment in Accounting.
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