Signing a legal documentof this type could be helpful if the couple owns substantial assets or if there is a wide disparity in income or wealth between the two members ofthe couple.
Pro Player Funding is equipped with such power based on an athlete signing a document known as an Affidavit of Confession of Judgment, which allows the lender to enter a judgment against the athlete if a default occurs.
Last week, in a highly unusual action, 80 chief executives of U.S. corporations joined in a formal protest at the situation, signing a document pressuring Congress to reduce the federal deficit and begin spending cuts.