(Original Creditor/Cedent) is owed money by Company C (Debtor).
also owes money to Company B (New Creditor/Cessionary).
Instead of Company B paying Company A for this right, they agree that Company A’s existing debt to Company B is "canceled" or "set off" as payment. Key Benefits dogovor vzaimozacheta s cessiej
The rights being transferred must actually exist at the time of the deal.
Simplifies multi-party settlements into a single transaction. (Original Creditor/Cedent) is owed money by Company C
The mutual claims must be of the same type (usually both are monetary).
Налоговые последствия по отдельным видам договоров if the original was notarized
The cession must follow the same legal form as the original contract (e.g., if the original was notarized, the cession must be too). Tax and Risk Considerations