Can I assume bank will take out judgement against me?

[zxcvbnm]

As the subject title asks, is this a reasonable assumption?

Quick background (as stated in other thread I made a few minutes ago).
I have serious residual debt leftover of a few hundred thousand. Was unable to reach informal agreement with bank. Negotiations are now over.

I'm assuming the bank will lodge a judgement against me? Is this a normal next step that vavjsvtake? Or is it?
Negotiations broke down last march. And I then received a letter demanding repayment in full within 21 days last August.
And nothing since.

 

[TLO]

It's impossible to predict. Some possibilities:

1) You might never hear from them again.
2) You might not hear from them for five years and then they apply for a judgement just before the statute of limitations kick in.
3) They might apply for a judgement within the next few weeks.

You just don't know. And they themselves probably don't know what they are going to do, if anything.