Business and Personal Finance Dictionary

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• DEFAULT JUDGEMENT
  
  If you are sued and do not file papers in response to the lawsuit in the prescribed time limit, the plaintiff (person who sued you) can ask the court to enter a judgement against you. A default judgement against you is an automatic loss of the case for you. Sometimes a default judgement can be set aside but this is unusual and circumstances must be notable to justify such a turn.
  
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