Results 1 to 25 of 32
Threaded View
-
09-23-2016, 12:18 PM #2
Reputation points: 50583
- Join Date
- Jul 2014
- Location
- Online
- Posts
- 965
COJ baby...
Basically covers the funder. Question though... How much is the deal? Is it considered "high risk"? I always figured if the Merch has nothing to worry about, it shouldn't be an issue. BUT there are times where a COJ is not necessary.
A written agreement signed by the defendant that accepts the liability and amount of damages that was agreed on. A confession of judgment is a way to circumvent normal court proceedings and avoid a lengthy legal process to resolve a dispute. Signing a confession of forfeits any of the rights the defendant has to dispute a claim in the future.
Read more: Confession Of Judgment Definition | Investopedia http://www.investopedia.com/terms/c/...#ixzz4L62ZbhKdAmanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
Similar Threads
-
Funder requesting notarized "Affidavit of Confession of Judgement"
By upperlinecap in forum Merchant Cash AdvanceReplies: 15Last Post: 07-25-2016, 12:10 PM -
need 2nd position without requiring confession of judgement direct sources only !
By sjordan96 in forum Deal BinReplies: 1Last Post: 11-14-2015, 05:27 PM -
Funds Even with Judgment
By Fundyman in forum Merchant Cash AdvanceReplies: 14Last Post: 09-01-2015, 02:50 PM