A default judgment results from the named respondent's failure to appear
in court or from one party's failure to take appropriate procedural steps.
It
is entered upon the failure of the party to appear or to plead at an
appropriate time.
Failure to appear or answer is considered an admission of the
truth of the opposing party's pleading, which forms the basis for a default
judgment.
The default judgement is public information and appears on your credit report for 5 years or until the judgement is rescinded by a court or paid in full. Once paid in full the consumer no longer has to get the judgement rescinded in court.