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Yes, a default judgment may negatively affect your credit score, and will be a lien on all of your real estate. Buying and selling real estate will be negatively affected by the entry of a default judgment.
A default judgment (also known as judgment by default ) is a ruling granted by a judge or court in favor of a plaintiff in the event that the defendant in a legal case fails to respond to a court summons or does not appear in court.
What happens when you get a default judgment against you. After a default judgment, the Plaintiff will try to collect the money you owe. The Plaintiff may be able to deduct the money directly from your paycheck or bank account and put a lien on your property.
Plaintiffs default refers to a scenario in which the plaintiff bears responsibility for their own harm or injury, thereby intending to file a lawsuit against the defendant to seek damages. This situation arises when the plaintiffs actions directly contribute to the incident for which they seek legal recourse.
A default is a failure to fulfill an obligation . Defaulting is most common in regards to debtor-creditor law and contract law. Typically, a default leads to judicial proceedings or triggers the application of a separate contract provision.
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People also ask

If youre sued, you can choose to do nothing. This means that you do not file any response by the deadline. The Plaintiff then can ask the judge to decide the case without your input. This is called a default or a default judgment.
Default is failure to repay a loan ing to the terms agreed to in the promissory note.
-Your credit score will be damaged. -You may have difficulty qualifying for credit cards, car loans, or mortgages, and will be charged much higher interest rates. -You may have difficulty signing up for utilities, getting car or home owners insurance, or getting a cell phone plan.

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