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Pennsylvania 22. Plaintiff Affidavit - Confession of Judgment

State:
Pennsylvania
Control #:
PA-SKU-2040
Format:
PDF
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22. Plaintiff Affidavit - Confession of Judgment Pennsylvania 22. Plaintiff Affidavit — Confession of Judgment is a legal document used in the Commonwealth of Pennsylvania to confess judgment against a debtor without the need for a court trial. It is typically used when a creditor has a strong case against a debtor and wants to quickly collect the debt owed. It allows the creditor to file the document with the court and have a judgment entered against the debtor without any further proceedings. The Pennsylvania 22. Plaintiff Affidavit — Confession of Judgment includes two main parts: the affidavit portion, which is signed by the creditor, and the confession of judgment portion, which is signed by the debtor. The affidavit portion includes the creditor's declaration that the debt is valid and due, as well as a summary of the facts of the case. The confession of judgment portion includes the debtor's agreement to pay the amount due and any interest or costs associated with the debt. There are three primary types of Pennsylvania 22. Plaintiff Affidavit — Confession of Judgment documents: Regular, Special, and Limited. The Regular version is the standard document, and is used when the creditor does not require any specific payment terms or conditions. The Special version includes special provisions, such as a specific payment plan or the option for payment in installments. The Limited version limits the rights of the creditor to collect from the debtor, such as limiting the amount of interest that can be charged.

Pennsylvania 22. Plaintiff Affidavit — Confession of Judgment is a legal document used in the Commonwealth of Pennsylvania to confess judgment against a debtor without the need for a court trial. It is typically used when a creditor has a strong case against a debtor and wants to quickly collect the debt owed. It allows the creditor to file the document with the court and have a judgment entered against the debtor without any further proceedings. The Pennsylvania 22. Plaintiff Affidavit — Confession of Judgment includes two main parts: the affidavit portion, which is signed by the creditor, and the confession of judgment portion, which is signed by the debtor. The affidavit portion includes the creditor's declaration that the debt is valid and due, as well as a summary of the facts of the case. The confession of judgment portion includes the debtor's agreement to pay the amount due and any interest or costs associated with the debt. There are three primary types of Pennsylvania 22. Plaintiff Affidavit — Confession of Judgment documents: Regular, Special, and Limited. The Regular version is the standard document, and is used when the creditor does not require any specific payment terms or conditions. The Special version includes special provisions, such as a specific payment plan or the option for payment in installments. The Limited version limits the rights of the creditor to collect from the debtor, such as limiting the amount of interest that can be charged.

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Pennsylvania 22. Plaintiff Affidavit - Confession of Judgment