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A Default Judgment refers to a judgment rendered by the court due to the failure of the defendent to make an appearance. See free previews, and download over 36,000 legal forms at USlegalforms.com, your online source for legal forms; the forms professionals trust.
In legal terminology, default refers to a failure to fulfill a legal obligation or duty . For example, a default by a borrower under a loan agreement permits a lender to take certain actions in response to the default.
Default is often used to refer to the non-appearance of the defendant within the time prescribed by law to defend himself. It also signifies the non-appearance of the plaintiff to prosecute his claim. In such cases, a judgment will be rendered in favor of the non-defaulting party automatically, which is called a "default judgment".
Relevant legal forms include: