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Simple English definitions for legal terms

statement of confession

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A quick definition of statement of confession:

A statement of confession is when someone agrees to a judgment being made against them based on a certain event, such as making a payment. It can also refer to a judgment taken against a debtor with their written consent. The paper on which the agreement is made is also called a statement of confession. It is also known as a confessed judgment, cognovit judgment, or warrant of confession.

A more thorough explanation:

A statement of confession is a legal document in which a person agrees to the entry of judgment upon the occurrence or nonoccurrence of an event, such as making a payment. It can also refer to a judgment taken against a debtor by the creditor, based on the debtor's written consent.

For example, if a person owes money to a creditor and agrees to make a payment by a certain date, they may sign a statement of confession agreeing that if they do not make the payment, a judgment can be entered against them. This allows the creditor to obtain a judgment without having to go through a lengthy court process.

Another example is if a debtor signs a written agreement allowing the creditor to obtain a judgment against them if they default on the loan. This is known as a confessed judgment or cognovit judgment.

Overall, a statement of confession is a legal tool that allows for the quick and efficient resolution of disputes between parties.

statement of condition | statement of defense

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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