Judgment Note

Author:Jeffrey Lehman, Shirelle Phelps
 
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Page 47

A promissory note authorizing an attorney, holder, or clerk of court to appear for the maker of the note and confess, or assent to, a judgment to be entered against the maker due to default in the payment of the amount owed.

A judgment note is also called a cognovit note and is invalid in many states.

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