Does a foreclosure wipe out a confession of judgment?

A foreclosure typically does not automatically wipe out a confession of judgment. A confession of judgment is a legal agreement where a borrower admits to owing a debt and allows the lender to obtain a judgment without a trial if the borrower defaults. While foreclosure can eliminate the borrower's obligation to the mortgage lender, any separate judgments, including confessions of judgment, may still remain enforceable unless specifically addressed in the foreclosure proceedings. It's advisable to consult legal counsel to understand the implications in a specific situation.