How long does a motion for default take?
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How long does a motion for default take?
This period may be anywhere from 20 days to a month or even longer — it varies by state. If you don’t file a written response with the court during this time or ask the court for an extension, the plaintiff — the person who filed the lawsuit — can request a default as soon as time expires.
What does motion to set aside default mean?
Now What? Filing a motion to set aside a default judgment gives a defendant another chance to fix a mistake and move a case forward. But this does not mean the defendant necessarily wins. All this motion does is set back the clock. Think of this motion as a way to get the judge to review the case on instant replay.
Can a default judgment be reversed?
First, you can ask the court to set aside the default judgment and give you an opportunity to contest it. Next, you can settle the debt with the debt buyer for an amount less than what the default judgment is for. And finally you can eliminate the default judgment completely by filing for bankruptcy.
Can you negotiate after a Judgement?
When your creditor has a judgment debt against you, your options are: Pay the debt. You can negotiate to pay the debt directly with the creditor . Unless you are paying the debt in full, the other options will need to be negotiated with the creditor , who can say no.
What percentage of a debt is typically accepted in a settlement?
30% to 80%