Gutenberger v. CONTINENTAL THRIFT & LOAN CO.

OPINION

On February 4, 1976, respondent filed suit against appellants alleging nonpayment of a promissory note secured by a security agreement. Following service of process, no responsive pleading was filed and respondent, after obtaining a clerk’s entry of default on March 5, subsequently moved for default judgment against appellants which was entered on March 23. The next day, March 24, appellants filed a motion to vacate the default judgment, together with an affidavit which suggested a meritorious defense and supporting points and authorities. Respondent filed an opposition to this motion…