I just shredded a bunch of paperwork from when I was working on my Bachelor’s degree at Roosevelt University. This included a bunch of promissory notes for their payment plan, and I was reminded of the clause had to “redline” (cross out & initial) every semester:
To secure payment of this note, I here by [sic] authorize, irrevocably, any attorney of any court to appear for me in such court, in term time or vacation, at any time after due date of the note, and confess a judgement, without process, in favor of the University, for such amount as may appear to be unpaid of this note, together with reasonable costs of collection, including reasonable attorneys fees, and to waive and release all errors which may intervene in any such proceedings, and consent to immediate execution upon such judgement, hereby ratifying and confirming all that said attorney may do by virtue thereof, provided, however, any such judgement will not be made a lien against the princi...
Content suppressed by ://URLFAN, for full article visit source