Once an assignment of accounts receivable is made: the creditor still needs to sue in court to collect those accounts if the debtor defaults on the debt K\"; the debtor is no longer liable to the creditor, their debt is paid '\\___/ the creditor takes over collecting accounts from the debtor's customers \\___/ the debtor continues to collect accounts from their customers as long as they' I\"\\._.-"' are not in default to the creditor the creditor is guaranteed payment in full of the amount owing by the debtor \\___/