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universe
Apr 22, 2008, 07:31 AM
I have a lien against me for $4800 from a personal loan. I own my home. I can make payments on this lien but that would be a real hardship as my income is low. If I just let lien be paid with sale of house or from my estate will the lien amount increase unabated?

George_1950
Apr 22, 2008, 07:35 AM
Most judgements accrue interest at the 'legal' rate, as set forth by your state government. So, yes, interest on the debt is compounding.