Answer:
Default judgments are usually awarded under state Statutes when the defendant does not make the required court appearance. This judgment does become a lien against the defendant's property and has to be satisfied if the property is sold or refinanced.
You should however check your state Statutes concerning judgments awarded against the defendant's property to be sure you are in compliance with those statutes.
First published on BankersOnline.com 10/29/12
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