Educational Resource

Confession of Judgment in MCA Agreements: What It Means

A clause that can bypass ordinary litigation

A confession of judgment (COJ) is a clause in some contracts in which a party agrees in advance that the other party may enter a judgment against them without a trial or notice. In the MCA context, COJ clauses have been controversial because they can allow a funder to obtain a judgment quickly. This page explains what a COJ is, where it may be limited, and when qualified independent legal counsel may be appropriate.

What a Confession of Judgment Is

A confession of judgment is a written acknowledgment, signed in advance, that authorizes a creditor to enter a judgment without filing and prosecuting an ordinary lawsuit. When enforceable, it can allow a judgment to be entered by the court relatively quickly after a default. The clause effectively waives the right to be sued and to defend in court before a judgment is entered.

Because a COJ can result in a judgment without prior notice or a hearing, it is one of the more consequential provisions that may appear in an MCA agreement. Business owners who signed an agreement containing a COJ may not realize its significance until a judgment is entered.

Where Confessions of Judgment Are Limited

The enforceability of COJ clauses varies significantly. Some jurisdictions restrict or prohibit confessions of judgment in commercial contexts, or limit them based on where the debtor is located, where the confession was signed, or the nature of the transaction. Recent regulatory and legislative attention has narrowed the circumstances in which COJs may be enforced.

Whether a particular COJ is enforceable depends on jurisdiction-specific law and the specific facts. This website does not opine on whether any specific COJ is enforceable. Business owners concerned about a COJ should consult qualified legal counsel.

If You Are Concerned About a COJ

If your MCA agreement contains a confession of judgment clause, or if a judgment has been entered through a COJ, qualified legal counsel may be able to review the agreement, the jurisdictional issues, and potential responses. Because a judgment entered via COJ can lead to enforcement actions such as levies, acting promptly may be important.

This website is educational and is not a law firm. Submitting your situation does not create an attorney-client relationship. Where appropriate, users may be connected with independent legal counsel through a separate engagement.

Key Distinctions

Confession of judgment

A pre-signed authorization allowing a creditor to enter judgment without a trial or notice.

Judgment

A court order establishing an enforceable debt — which a COJ may produce without ordinary litigation.

Lawsuit

A formal court action with notice and an opportunity to defend; a COJ is designed to bypass this.

Key Takeaways

  • 01A confession of judgment clause can allow a judgment without a trial or notice.
  • 02COJ enforceability varies by jurisdiction and circumstances.
  • 03A COJ is distinct from an ordinary lawsuit and from a mere default.
  • 04If a COJ concerns you or a judgment has been entered, consider consulting qualified counsel promptly.

Not a law firm. MCA Debt Attorney and MYMCAOPTIONS LLC are not law firms and do not provide legal advice. Submitting your situation through this website does not create an attorney-client relationship. Where appropriate, users may be connected with independent legal counsel through a separate engagement.

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MCA Debt Attorney is not a law firm and does not provide legal advice. Operated by MYMCAOPTIONS LLC.