New York Stipulation of Settlement and Affidavit Upon Default is a document that is used to settle a legal dispute between two parties in the state of New York. It outlines the terms of a settlement agreement, including the amount of money owed, and the date that payment is due. It also includes an affidavit, which is a sworn statement that states that the debtor acknowledges the debt and agrees to pay it. The document is usually signed by both parties and filed with the court. There are two types of New York Stipulation of Settlement and Affidavit Upon Default: a voluntary stipulation and a default stipulation. A voluntary stipulation is an agreement between the two parties that is mutually accepted and is not enforced by the court. A default stipulation is entered by the court when the debtor fails to comply with the terms of the agreement.