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.
The proposed Judgment by Default must be for a sum certain (the amount asked for in the complaint plus the $150.00 costs). If such additional monies are requested (i.e. interest or expenses), a Motion for Default Judgment should be filed instead of a Request for Entry of Default Judgment. A Request for Entry of Default Judgment may be filed by a plaintiff who wishes the Court to enter a Default Judgment. Default Judgments may be entered by the Clerk or a Judge if certain criteria has been met. The plaintiff must e-file a Request for Entry of Default previous to e-filing a Request for Entry of Default Judgment.