cognovit judgment (Meaning)
Wordnet
cognovit judgment (n)
a judgment entered after a written confession by the debtor without the expense of ordinary legal proceedings
Synonyms & Antonyms of cognovit judgment
No Synonyms and anytonyms found
cognovit judgment Sentence Examples
- The plaintiff sought a cognovit judgment against the defendant for breach of contract.
- In commercial transactions, parties often include cognovit judgment clauses to expedite dispute resolution.
- The debtor's failure to respond to the lawsuit led to the automatic entry of a cognovit judgment.
- Cognovit judgments are enforceable without the need for a full trial in certain legal contexts.
- The creditor's attorney swiftly obtained a cognovit judgment after the debtor defaulted on the loan.
- Defendants facing a cognovit judgment may have limited options to contest the ruling.
- Judges scrutinize the legality of cognovit judgment clauses to ensure they comply with applicable laws.
- Signing a cognovit note may waive the debtor's right to contest a judgment in court.
- The court issued a writ of execution to enforce the cognovit judgment and seize the debtor's assets.
- Legal scholars debate the fairness and implications of cognovit judgments in debt collection cases.
FAQs About the word cognovit judgment
a judgment entered after a written confession by the debtor without the expense of ordinary legal proceedings
No synonyms found.
No antonyms found.
The plaintiff sought a cognovit judgment against the defendant for breach of contract.
In commercial transactions, parties often include cognovit judgment clauses to expedite dispute resolution.
The debtor's failure to respond to the lawsuit led to the automatic entry of a cognovit judgment.
Cognovit judgments are enforceable without the need for a full trial in certain legal contexts.
