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Virginia Confession of Judgment  Form

Virginia Confession of Judgment Form

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Instructions and help about confession format

welcome to the 5 minute legal Master Series where expert attorneys help you master important legal topics today board certified creditors rights attorney Nicholas D crack discusses confession of Judgment of judgment can be a very powerful weapon in a creditor's Arsenal from the debtor's point of view it can be a very honorous remedy one thing to keep in mind about confessions of judgment is that they can only be used in a commercial setting and for the most part never can be used involving consumer or consumer account or retail account you may have heard of a confession of judgment uh by different names it's typically embodied uh as a clause in a what's called a judgment note uh you may have heard of it as a cognovit note uh you may have heard of it as a warrant of attorney uh in any event regardless of the the name you put to it uh each one of those documents would have a confession of judgment clause which provid provides certain remedies now why did I

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