With every general assignment there shall be filed, unless the data all appear on its face, at least two (2) schedules. One of them, a schedule of liabilities, must set forth, so far as known to the assignor:
The name of each of his creditors;
The post-office address of each of them;
The sum due each;
How each debt is evidenced;
The amount of interest each debt bears, and if in any way the debt is usurious, the facts must be stated;
The consideration for each debt; and in case of renewals the history of the transaction must be traced to the original consideration; and
What security, if any, each creditor has.
The other, a schedule of assets, must describe the property conveyed, and give its location and value. Both schedules-and if the data be in the face of the deed, then the assignment-must be under the oath of the assignor avowing the truthfulness of the matters of fact stated. A general assignment which does not comply with this section shall be void as to all preferences contained in it.
Structure Mississippi Code
Title 85 - Debtor-Creditor Relationship
Chapter 1 - Assignment for Benefit of Creditors
§ 85-1-1. Execution of assignment; petition in chancery in case of general assignment
§ 85-1-3. Schedules of liabilities and assets to be filed
§ 85-1-5. Bond of assignee or trustee
§ 85-1-7. Assignee to become receiver of the court
§ 85-1-11. Creditor's cross-petition to set aside assignment
§ 85-1-13. Creditor's cross-petition to set aside assignment; rights of successful creditor
§ 85-1-15. Creditor's cross-petition to set aside assignment; rights of unsuccessful creditor