Warrant of Attorney
/ˈwɒrənt əv əˈtɜːrni/
Definitions
- (n.) A legal authority granted by a debtor to a creditor or solicitor to enter judgment against the debtor without further notice, typically to secure debt repayment.
The lender obtained a warrant of attorney to ensure swift judgment if the borrower defaulted.
Forms
- warrants of attorney
Related terms
See also
Commentary
Use with caution as warrants of attorney may be disfavored or restricted due to potential for abuse in debt enforcement.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.