Definitions for confession of judgment
con·fes·sion of judg·ment

Princeton's WordNetRate this definition:0.0 / 0 votes

1. confession of judgment, confession of judgement, cognovit judgment, cognovit judgementnoun

   a judgment entered after a written confession by the debtor without the expense of ordinary legal proceedings

ChatGPTRate this definition:0.0 / 0 votes

1. confession of judgment

   A confession of judgment is a legal agreement, in which a party consents or agrees to a judgment against them in a lawsuit before the lawsuit is filed, or even waives their right to a trial. This means that if there's a dispute later, the other party can get a judgment without notifying or suing the confessor. It is often part of loan or debt agreements as a means of ensuring swift repayment, but is seen as controversial due to its potential for abuse.

WikidataRate this definition:0.0 / 0 votes

1. Confession of judgment

   Confession of judgment is a legal term that refers to a type of contract in which a party agrees to let the other party enter a judgment against him or her. Such contracts are highly controversial and may be invalidated as a violation of due process by courts, since the obligor is essentially contracting away his right to raise any legitimate defenses. Confessions of judgment are permitted in many states. New Jersey and Pennsylvania permit them, among others. Some states, including Michigan, require they be specially labelled or have other procedural requirements. However, according to testimony before an Alaska State Legislature committee, "Confession of Judgment is illegal in Alaska, it's illegal in Pennsylvania in consumer transactions, but not in commercial transactions." A Law Review article distinguishes three groups of state laws, one group comprising seventeen states that make void any agreement to confess judgment entered into before commencement of a suit. A typical confession of judgment reads, "The undersigned irrevocably authorizes any attorney to appear in any court of competent jurisdiction and confess a judgment without process in favor of the creditor for such amount as may then appear unpaid hereon, and to consent to immediate execution upon such judgment."

Matched Categories

1. • Judgment
   • Law

How to pronounce confession of judgment?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say confession of judgment in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of confession of judgment in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of confession of judgment in Pythagorean Numerology is: 9

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=confession of judgment
2. ^ ChatGPT
   https://chat.openai.com
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=confession of judgment