Ubiquity Inc. (fka UBIQ)

[RealWorld1]

Incorrect.

Default judgment is a binding judgment in favor of either party based on some failure to take action by the other party. Most often, it is a judgment in favor of a plaintiff when the defendant has not responded to a summons or has failed to appear before a court of law.

Now the defendants would have to either appeal or ask to have it set aside. The burden of proof is against them.

Also, in this case the plaintiff can now use the default judgement to file against them in other jurisdictions to collect. But, there is nothing to collect from the company as it has no assets left. They will go against the Carnichaels personally and get whatever they have.