Creditor's Rights: Confessions of an Illinois Judgment

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November 2010
Michael Cortina
Illinois Bar Journal

Authors

As more loans go bad, banks looking for better ways to collect from defaulting borrowers are turning to judgments by confession. The feature, entitled, “Creditor's Rights: Confessions of an Illinois Judgment,” explains how judgments by confession work and argues they typically can be enforced as soon as they're entered, with no notice to the debtor.

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