Judgment Note

AuthorJeffrey Lehman, Shirelle Phelps

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.

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT