New York Statutes
§ 3201 — Confession of judgment before default on certain installment contracts invalid
§ 3201. Confession of judgment before default on certain installment\ncontracts invalid. Notwithstanding the provisions of section thirty-two\nhundred eighteen, no judgment by confession shall be entered on any\naffidavit which was executed prior to the time a default in the payment\nof an installment occurs in connection with the purchase for fifteen\nhundred dollars or less of any commodities for any use other than a\ncommercial or business use upon any plan of deferred payments whereby\nthe price or cost is payable in two or more installments. Any judgment\nentered in violation of this section is void and unenforceable.\n
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Related
Xerox Corp. v. West Coast Litho, Inc.
251 F. Supp. 3d 534 (W.D. New York, 2017)
Matter of Velez v. City of New York
2019 NY Slip Op 5781 (Appellate Division of the Supreme Court of New York, 2019)
Nearby Sections
15
§ 321
Attorneys§ 3211
Motion to dismiss§ 3215
Default judgment§ 3216
Want of prosecution§ 3217
Voluntary discontinuance§ 3218
Judgment by confession§ 3219
Tender§ 3221
Offer to compromise