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usually if somebody doesnt pay you money that they owe you then you have to sue them and that will cost typically thousands of dollars it will take months if not over a year Well a great way to address this is to ask for a promissory note with a confession of judgment if they sign a promissory note and a confession of judgment then assuming its written this way if they dont make the payments on time instead of having to sue them you can simply take that confession of judgment to the courthouse record it and you dont have to sue them youre essentially getting the Judgment as long as you can demonstrate they didnt pay on time this is incredibly powerful when youre lending money or when youre agreeing to different payment terms than you originally agreed because youre saving the time and money of having to sue somebody who owes you in exchange for accepting their payment terms
