Recently we received a Notice of Entry of Judgment. What exactly does this mean?
Full Question:
The bank holding our second mortgage has filed a judgment against us. Recently we received a Notice of Entry of Judgment. What exactly does this mean? What are the next steps the bank can take? What is the time frame in which they can take action?
08/31/2007 |
Category: Judgments |
State: Michigan |
#8339
Answer:
The court has filed a judgment, likely one in the bank's favor if you didn't file a response in their lawsuit.