The Confession of Judgment is a ready-to-use legal & compliance template you can send for signature in minutes. It is written for 2 signers (debtor and creditor) and, by default, expires 30 days after it is sent if left unsigned. It covers judgment, debt, confession, cognovit, legal. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Confession of Judgment > ⚠️ **CRITICAL WARNING:** A Confession of Judgment (also called a cognovit note) authorizes a creditor to obtain a court judgment against you **without prior notice or a hearing**. Once entered, the creditor may immediately garnish wages, freeze bank accounts, or seize assets. This instrument is **prohibited or strictly limited** in many states, including California, Michigan, and others. DO NOT sign this document without independent legal counsel. --- ## Parties **Debtor:** Name: ___________ Address: ___________ **Creditor:** Name: ___________ Address: ___________ --- ## Description of Debt Principal Amount: ___________ Annual Interest Rate (%): ___________ Date Debt Was Incurred: ___________ Description of Debt and Underlying Obligation: ___________ --- ## Section 1. Acknowledgment of Debt The Debtor, ___________, hereby acknowledges, admits, and confesses that the Debtor is justly indebted to the Creditor, ___________, in the principal sum of ___________, together with interest accruing thereon at the rate of ___________ percent per annum from ___________, plus all reasonable costs of collection, including attorneys' fees as set forth herein. The Debtor further acknowledges that the debt described above is currently due and owing in full, that no defense, offset, counterclaim, or right of recoupment exists with respect to the debt, and that the Creditor is entitled to immediate payment thereof.