cognovit judgment
cognovit judgment
A written authorization by the debtor to allow the creditor or the creditor's attorney to enter a money judgment against the debtor if the obligation in the promissory note signed by the debtor is not paid when due. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

cognovit judgment
A written authorization by the debtor to allow the creditor or the creditor’s attorney to enter a money judgment against the debtor if the obligation in the promissory note signed by the debtor is not paid when due.

US Bankruptcy 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • cognovit judgment — see judgment 1a Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. cognovit judgment …   Law dictionary

  • cognovit judgment — /kognowvat/ Confession of judgment by debtor. Written authority of debtor and his direction for entry of judgment against him in the event he shall default in payment. Such provision in a debt instrument or agreement permits the creditor or his… …   Black's law dictionary

  • cognovit judgment — /kognowvat/ Confession of judgment by debtor. Written authority of debtor and his direction for entry of judgment against him in the event he shall default in payment. Such provision in a debt instrument or agreement permits the creditor or his… …   Black's law dictionary

  • cognovit judgment — noun a judgment entered after a written confession by the debtor without the expense of ordinary legal proceedings • Syn: ↑confession of judgment, ↑confession of judgement, ↑cognovit judgement • Topics: ↑law, ↑jurisprudence • Hyp …   Useful english dictionary

  • cognovit — noun acknowledged judgment, adjudication, admitted judgment, conceded judgment, confessed judgment, confirmed judgment, decision, declaration, decree, determination, disclosed judgment, finding, legal decision Burton s Legal Thesaurus. William C …   Law dictionary

  • judgment — A sense of knowledge sufficient to comprehend nature of transaction. Thomas v. Young, 57 App. D.C. 282, 22 F.2d 588, 590. An opinion or estimate. McClung Const. Co. v. Muncy, Tex.Civ.App., 65 S.W.2d 786, 790. The formation of an opinion or notion …   Black's law dictionary

  • judgment — A sense of knowledge sufficient to comprehend nature of transaction. Thomas v. Young, 57 App. D.C. 282, 22 F.2d 588, 590. An opinion or estimate. McClung Const. Co. v. Muncy, Tex.Civ.App., 65 S.W.2d 786, 790. The formation of an opinion or notion …   Black's law dictionary

  • judgment — noun 1. an opinion formed by judging something (Freq. 19) he was reluctant to make his judgment known she changed her mind • Syn: ↑judgement, ↑mind • Derivationally related forms: ↑judgmental …   Useful english dictionary

  • cognovit note — An extraordinary note which authorizes an attorney to confess judgment against person or persons signing it. It is written authority of a debtor and a direction by him for entry of a judgment against him if obligation set forth in note is not… …   Black's law dictionary

  • cognovit note — An extraordinary note which authorizes an attorney to confess judgment against person or persons signing it. It is written authority of a debtor and a direction by him for entry of a judgment against him if obligation set forth in note is not… …   Black's law dictionary

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