Complaint on Money judgment-California

I have been served a summons for a judgement in California that I knew nothing about. I live in Colorado. The judgment "after default" was entered May 1996, from a complaint filed in 1991 against me during my employment as manager for a business in Los Angeles. I was never personally served until yesterday. Attached was a Complaint on Money Judgment (CCP 683.050) dated March 2007 stating an amount of over $600,000 plus. I never knew about a judgment nor was there anything about a judgment on my credit report when my fiance and I applied for a home loan 3 years ago.

The papers say there is a case management conference scheduled for 8/07 in California.

What recourse do I have?
Thank you very much.
CG

[msgny]

If you can show you were never served the new state court may not give effect to the judgment against you. It would be wise to have counsel review a few details with you since it is a large judgment now.

Thank you for your response. There is no 10-yr statute of limitations? Or notice of renewal of judgment before 10 yrs. ended? What does "tolling" mean? Why wouldn't that judgment have shown up on my credit reports over the years?

[msg]

See also debts and judgments: http://www.worldlawdirect.com/article.php?id=1758