The investor should file a written complaint with CMIC stating the grounds for the complaint and attaching thereto documents to support the claim. If CMIC finds that there is probable cause for the complaint, CMIC will commence investigation.
A default judgment is a judgment entered by a civil court when a defendant does not respond timely to a plaintiffâs lawsuit brought against him.
Having a judgment for debt filed against you is frightening, but not the final word. Consumers have choices when dealing with a court judgment. MAIN: What court judgments for debt are, how they work, your post-judgment options. Fight the judgment. File for bankruptcy. Settle the debt. Stay judgment-proof.