Tag Archives: Confession of Judgment

Direct Relation Test Challenged in PA Supreme Court – Why Disclosure for Confession is Essential

By: Kristen Wetzel Ladd A recent case challenging the denial of a petition to open a confessed judgment has been granted appeal by the Pennsylvania Supreme Court.  The case of Graystone Bank v. Grove Estates, 58 A.3d 1277, 2012 PA Super 274 (2012) has been appealed to determine the validity of the warrant of attorney […]

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Recent Pennsylvania Case Highlights Importance of Re-Stating Warrants of Attorney in Modification Documents

The recent Pennsylvania case The Bancorp Bank v. Mancini highlights the importance of re-stating warrants of attorney in modification documents involving Pennsylvania commercial loans.

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The Utility of Confessed Judgments

By: Kristen Wetzel Ladd Pennsylvania is one of the few states that allows judgment to be entered by confession in connection with a commercial credit transaction. Obtaining judgment by confession is desirable for a creditor in that it is usually easier, faster, and less costly than acquiring judgment through normal litigation procedures. There are several […]

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What is a Confession of Judgment?

Watch Attorney John Fiorillo as he describes a Confession of Judgment. Owners of commercial property and commercial lenders should watch this informative video that briefly describes a confession of judgment. PA businesses and property owners benefit from unique laws. Contact John Fiorillo for more information on state specific collection procedures and other laws that may […]

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"I Confess! I Made a Mistake"

By: Nancy J. Glidden  Pennsylvania’s liberal rules concerning the amendment of pleadings aren’t so liberal in the context of complaints for confession of judgment. When filing a complaint in confession of judgment, if a mistake is made in calculating the amount of damages or the time period in which damages accrued, an attorney cannot rely […]

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The Advantages of Confession of Judgment Clauses in Commercial Leases

By: Christopher L. Turner In these challenging economic times, commercial landlords need to be mindful of the advantages of Confession of Judgment Clauses. These clauses permit a landlord to obtain a judgment either for money damages or for eviction against defaulting tenants without the need of a trial. Additionally, priority of the judgment is established […]

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