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Rule 55(a) provides that when a party fails to respond to a complaint, the clerk shall record an entry of default.
Definitions of declaration of default a formal statement from a creditor (=someone owed money) that the debtor (=person owing money) has not done something they are obligated to do, suc as making payment.
If you're 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.
A very important fact you should keep in mind is that California courts do impose a timeline for seeking entry of a default judgment. Specifically, a request for entry of default must be filed within 10 days following a defendant's failure to timely file and serve a responsive pleading.
:: What Does It Mean To Be In Default? :: Your loan is delinquent (past due) for 270 days or more. You fail to repay your loan ing to the terms agreed upon in your Master Promissory Note. OR. You fail to submit on-time requests for a deferment or cancellation.
A default, in computer science, refers to the preexisting value of a user-configurable setting that is assigned to a software application, computer program or device. Such settings are also called presets or factory presets, especially for electronic devices.
A default occurs when a borrower stops making required payments on a debt. Defaults can occur on secured debt, such as a mortgage loan secured by a house, or on unsecured debt, such as credit cards or a student loan. Defaults expose borrowers to legal claims and may limit their future access to credit opportunities.
An entry of default is the first step to obtaining a default judgment against a party, and allows you to proceed in the action without further notice or input from the opposing party. An entry of default can come in two forms, an entry by the clerk or an entry by the judge.