What is a Judgment Lien????
How Is a Judgment Lien Created?
A judgment lien can be imposed on your property only after somebody sues you and wins a money judgment against you. In most states, the judgment creditor (the person or company who won) must then record the judgment by filing it with the county or state. In a few states, a judgment entered against you by a court automatically creates a lien on the real estate you own in that county—that is, the judgment creditor doesn’t have to record the judgment to get the lien.
Types of Property Judgment Liens Can Attach To
Judgment...
What Is a Confessed Judgment Promissory Note?

A confessed Judgment Promissory note is, when two parties are legally agreeing to the terms listed in the note. If the borrower does not abide by the repayment terms and defaults on the loan, the creditor has the right to a complaint in confession of judgment against the borrower.
Basically, it's a clause in the promissory note, stating that if the borrower defaults on the loan, both parties agree that a Judgment in favor of...
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