Defendant Petersen has essentially conceded in various representations to the courts of the State of Colorado that he willfully defaulted in this action, and, in any event, he received notice of the default, at the latest, by October 1994, when the default was registered in Colorado, yet never sought relief until 1998, when he was faced with a fraudulent conveyance action there. Petersen has failed to offer any excuse for his delay, and in fact appears to have been content...
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