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Rep. Velazquez Convenes Panel to Examine the Devastating Impact of Confessions of Judgement
June 26, 2019
WASHINGTON, June 26 -- Rep. Nydia M. Velazquez, D-New York, chairman of the House Small Business Committee, issued the following news release:

Today, Rep. Nydia M. Velazquez (D-NY), Chairwoman of the House Small Business Committee, convened a panel of business owners and experts to examine "confessions of judgment" and how they are being used to victimize small firms. A "confession of judgment" is an arcane legal device, whereby a borrower accepts an eventual jud . . .

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