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(a) A judgment by confession is unenforceable and may not be entered in any superior court.
Understanding New Yorks Confession of Judgment Law and Recent Amendments. New Yorks Confession of Judgment (COJ) law, codified in N.Y. C.P.L.R. 3218, is a powerful legal tool that allows creditors to obtain judgments without going through standard court proceedings.
For example, Florida prohibits COJs, but Florida courts will honor a valid COJ issued in another state. If youre unsure whether a COJ is legal or enforceable, consult a lawyer for advice.
If you fail to pay the amount agreed in the Confession of Judgment, the creditor can file it with the Clerk of Court. Once it is filed, the Confession of Judgment is a judgment against you. The creditor can enforce the judgment with collection. It will also have a negative effect on your credit.
A confessed judgment clause allows a creditors attorney to file an affidavit with the lawsuit and effectively confess, on behalf of the debtor, that the judgment is owed. If filed correctly, the Court can immediately enter judgment against a debtor.

People also ask

What states allow a confession of judgment? Illinois, Maryland, Michigan, Minnesota, New Jersey, Ohio, Pennsylvania, Virginia and Texas allow confessions of judgment for business loans.
A confession of judgment is a legal device - usually a clause within a contract - in which a debtor agrees to allow a creditor , upon the nonoccurrence of a payment, to obtain a judgment against the debtor, often without advanced notice or a hearing.

maryland confession of judgment