Description: How an obscure legal document turned New York’s court system into a debt-collection machine that’s chewing up small businesses across America.

Source: Bloomberg.com

Date: Nov 20, 2018

Link: https://www.bloomberg.com/graphics/2018-confessions-of-judgment/?srnd=businessweek-v2

Questions for discussion:

• Why are small business people typically the target?
• How can they protect themselves from this risk?
• Is there a role for government here?