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(a) On the confession of any person capable of being made a party defendant to an action, judgment may be given against such person without action, in favor of anyone, either for money due or to become due, or to secure any person against contingent liability on behalf of the defendant in such judgment, or both, if it is in favor of the same person.\n(b) The confession shall be made, assented to and acknowledged, and judgment given in the same manner as a confession in an action pending. The confession shall be verified by the oath of the party making it, and shall authorize a judgment to be given for a particular sum. If it is for money due or to become due it shall state plainly and concisely the facts out of which such indebtedness arose, and shall show that the sum confessed therefor is justly due or to become due.\n(c) If it is for the purpose of securing the plaintiff in the judgment against a contingent liability, it shall state plainly and concisely the facts constituting such liability and shall show that the sum confessed therefor does not exceed the same. When judgment is given so as to be payable in installments, executions may issue to enforce the payment of such

such liability and shall show that the sum confessed therefor does not exceed the same. When judgment is given so as to be payable in installments, executions may issue to enforce the payment of such installments, as they become due.