They are two entirely different pleas. NOT GUILTY is as, the name implies, you are pleading that you did not do it. If you plead NO CONTEST (Nolo Contendre), it means that you don't deny the charge made against you, and concede that the prosecution probably has enough evidence to convict you. No contest is just a "kinder and gentler" way of pleading Guilty.
One advantage to pleading nolo, or "no contest," is that that the defendant is not required to allocute, or explain any details or circumstances of the alleged crime, and the pleading can't be used to establish negligence per se, malice, or guilt on your part if the charges lead to someone filing a civil suit against you. A guilty plea can be used as the basis for civil action from a victim seeking monetary or other damages, whereas a "no contest" plea cannot. This does not mean it provides absolute protection against civil liability, but it does confer some benefits.
As to whether you should, decide for yourself - with the advice of a lawyer - if they do have enough to prosecute you or not. You are fully entitled to hear the charges against you. If you are sure they do not have enough for a conviction, then plead not guilty. If you think they could pull it off or that they will probably get you, then plead no contest.
As mentioned above, it would be wise to consult an attorney before taking further action.
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Nolo contendre is a Latin term meaning "I will not contest" the charges, which is a plea made by a defendant to a criminal charge, allowing the judge to then find him/her guilty. It has the same effect as a plea of guilty. As such, it will appear and remain on your criminal history record.
The four pleas a defendant may use in a criminal case are guilty, not guilty, guilty but mentally ill, and nolo contendere (no contest). A defendant who pleads guilty admits their responsibility for the crime. Pleading not guilty indicates that the defendant denies the charges and intends to contest them. A guilty but mentally ill plea acknowledges guilt but asserts that the defendant had a mental illness at the time of the offense. A nolo contendere plea means the defendant does not contest the charges but does not admit guilt.
It becomes a permanent part of your criminal history record.
A contradictory hearing in criminal court is a legal proceeding where the accused is given an opportunity to contest the charges against them. It typically involves a presentation of evidence and arguments from both the prosecution and the defense, allowing the judge to assess the merits of the case. This type of hearing is crucial for ensuring that the defendant's rights are upheld and that a fair judgment is made based on the evidence presented.
You have basically answered your own question, however there are other options like deferred adjudication, and no contest. A no contest plea means that you are not pleading guilty but you are not contesting the charges and you acknowledge that the state has sufficient evidence for a conviction.
If you feel that you are the victim of unfair bank charges, there are many place to go to complain. The best place to try would be the Financial Ombudsman Service.
Santa Clara County Superior Court. He plead "no contest" to the charges filed against him.
Simplest thing would be to request a criminal records check on yourself. A plea of 'no contest' means that you believe that that the state has sufficient grounds to prove the charge against you, and you choose not to contest them. It is, in effect, a guilty plea. Asa guilty plea it will show up on your criminal record as a felony As a convicted felon you may not own or possess a firearm.
Deferred adjudication is a plea deal wherein a defendant pleads guilty or no contest to criminal charges as long as he meets certain requirements laid out by court. There is no formal conviction entered in the defendant's records.
To plead no contest in a court case, you must inform the judge that you are not admitting guilt but are not contesting the charges against you. This plea is treated similarly to a guilty plea, but it cannot be used against you in a civil case.
A plea date is a scheduled court date when a defendant is expected to enter a plea in response to criminal charges. During this hearing, the defendant can plead guilty, not guilty, or no contest. The plea date is crucial in the legal process as it often determines the direction of the case, including potential plea negotiations or trial preparations.