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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>70987</law_id><section_number>8.01-433.1</section_number><catch_line>Notice of confession of judgment provision</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="8.01">Civil Remedies and Procedure</unit><unit label="chapter" level="2" order_by="1" identifier="17">Judgments and Decrees Generally</unit><unit label="article" level="3" order_by="1" identifier="2">Judgments by Confession</unit></structure><text>
						<section><p>No <span class="dictionary">judgment</span> shall be confessed upon a note, <span class="dictionary">bond</span>, or other <span class="dictionary">evidence</span> of debt pursuant to a <span class="dictionary">confession</span> of <span class="dictionary">judgment</span> provision contained therein which does not contain a statement typed in boldface print of not less than eight point type on its face:
		IMPORTANT NOTICE
		THIS INSTRUMENT CONTAINS A <span class="dictionary">CONFESSION</span> OF <span class="dictionary">JUDGMENT</span> PROVISION WHICH CONSTITUTES A <span class="dictionary">WAIVER</span> OF IMPORTANT RIGHTS YOU MAY HAVE AS A DEBTOR AND ALLOWS THE <span class="dictionary">CREDITOR</span> TO OBTAIN A <span class="dictionary">JUDGMENT</span> AGAINST YOU WITHOUT ANY FURTHER NOTICE.
		This section shall only apply to notes, <span class="dictionary">bonds</span>, or other <span class="dictionary">evidences</span> of debt containing <span class="dictionary">confession</span> of <span class="dictionary">judgment</span> provisions entered into after January 1, 1993.</p></section></text><history>1992, c. 396.</history><metadata></metadata></law>
