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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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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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