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Confession of Judgment Example  Form

Confession of Judgment Example Form

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Instructions and help about judgment money

Spokesperson, not a lawyer. A confession of judgment, in essence, is you  promising that you owe this debt — you confessing   that they can obtain a judgment against you for  a predetermined amount of debt and ask the court   to grant them a judgment against you, based  upon your confession that you owe the money. What would they do with these confession  of judgments? Once they've been entered   in the court records, they will then  use those to freeze your bank account,   go to your customers, and seize that  money that's due you or your business. If you're unable to make your payments to one  of these types of lenders or on a merchant cash   advance, you need to immediately seek a local  attorney to intervene for you and your business. Every situation is unique. If you have questions,  contact our office. We'd love to help you.

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