No judgment shall be confessed upon a note, bond, or other evidence of debt pursuant to a confession of judgment 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 CONFESSION OF JUDGMENT PROVISION WHICH CONSTITUTES A WAIVER OF IMPORTANT RIGHTS YOU MAY HAVE AS A DEBTOR AND ALLOWS THE CREDITOR TO OBTAIN A JUDGMENT AGAINST YOU WITHOUT ANY FURTHER NOTICE.
This section shall only apply to notes, bonds, or other evidences of debt containing confession of judgment provisions entered into after January 1, 1993.
1992, c. 396.
Structure Code of Virginia
Title 8.01 - Civil Remedies and Procedure
Chapter 17 - Judgments and Decrees Generally
§ 8.01-426. "Judgment" includes decree
§ 8.01-427. Persons entitled under decree deemed judgment creditors; execution on decree
§ 8.01-429. Action of appellate court when there might be redress under § 8.01-428
§ 8.01-430. When final judgment to be entered after verdict set aside
§ 8.01-431. Judgment or decree by confession in pending suit
§ 8.01-432. Confession of judgment irrespective of suit pending
§ 8.01-433. Setting aside judgments confessed under § 8.01-432
§ 8.01-433.1. Notice of confession of judgment provision
§ 8.01-434. Lien of such judgments
§ 8.01-435. Who may confess judgment
§ 8.01-436. Form of confession of judgment
§ 8.01-437. Endorsement of clerk thereon
§ 8.01-438. When judgment confessed by attorney-in-fact copy to be served on judgment debtor
§ 8.01-439. Filing of records by clerk
§ 8.01-440. Docketing and execution
§ 8.01-441. When judgment confessed by virtue of power of attorney invalid
§ 8.01-443. Joint wrongdoers; effect of judgment against one
§ 8.01-444. Where new parties added; if some not liable, how judgment entered
§ 8.01-445. Distinction between term and vacation abolished; effect of time
§ 8.01-446. Clerks to keep judgment dockets; what judgments to be docketed therein
§ 8.01-446.1. Keeping of docket books by clerk of court using micrographic process; form
§ 8.01-447. Docketing of judgments and decrees of United States courts
§ 8.01-448. Attorney General, etc., to have judgments in favor of Commonwealth docketed
§ 8.01-449. How judgments are docketed
§ 8.01-452. Entry of assignment of judgment on judgment lien docket
§ 8.01-452.1. Disposal of exhibits in civil cases
§ 8.01-453. When and how payment or discharge entered on judgment docket
§ 8.01-454. Judgment, when satisfied, to be so noted by creditor
§ 8.01-455. Court, on motion of defendant, etc., may have payment of judgment entered
§ 8.01-456. Satisfaction of judgment when judgment creditor cannot be located
§ 8.01-458. From what time judgment to be a lien on real estate; docketing revived judgment
§ 8.01-459. Priority of judgments
§ 8.01-461. Abstracts of judgments
§ 8.01-462. Jurisdiction of equity to enforce lien of judgment; when it may decree sale
§ 8.01-463. Enforcement of lien when judgment does not exceed $25,000
§ 8.01-464. Order of liability between alienees of different parts of estate
§ 8.01-465. Chapter embraces recognizances and bonds having force of judgment