Ask Experts Questions for FREE Help !
Ask
    v910b's Avatar
    v910b Posts: 2, Reputation: 1
    New Member
     
    #1

    Nov 3, 2007, 03:53 PM
    Interest on amount of judgement?
    Can the firm that sued for an amount of let's say $2,097 charge interest on this amount?
    slowandeasy's Avatar
    slowandeasy Posts: 353, Reputation: 14
    Full Member
     
    #2

    Nov 3, 2007, 04:21 PM
    Hello V910b

    Sure they can. If they get a judgement the interest and penalities keep adding up until it is paid
    v910b's Avatar
    v910b Posts: 2, Reputation: 1
    New Member
     
    #3

    Nov 3, 2007, 04:30 PM
    Hi slowandeasy

    Thanks.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Help with calculating amount of Fe [ 2 Answers ]

I did an experiment involving the gravimetric determination of Iron in Geritol. At the end of the experiment I was left with a product, Fe2O3 that weighed 0.417 g I'm not sure how to calculate the amount of Iron from here. This is what I did. I calculated the molar mass of Fe2O3 to be...

Judgement Interest? [ 1 Answers ]

Curious if interest paid on a judgement would be able to claimed as a deduction? :confused: I am claiming Mortgage Interest, Property Tax so far. Also is a 1099-C claimed the same as 1099-Misc? Thanks Much!

Pay it Down -- if the interest on the debt is LOWER than the interest on Savings [ 3 Answers ]

I have student loans in the amount of $20000. Through consolidation and never missing a payment I have the interest loan at 2.50% (simple interest). Montly payment is approx $100. I am getting an APY no a Savings account at 4.75%. I have savings around $5K and growing. I need cash for other...


View more questions Search