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    ohbrother's Avatar
    ohbrother Posts: 9, Reputation: 1
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    #1

    Feb 25, 2009, 02:49 PM
    Interest on a judgement
    Can the attorneys control the interest rate on a judgement they have won? Who controls that?
    George_1950's Avatar
    George_1950 Posts: 3,099, Reputation: 236
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    #2

    Feb 28, 2009, 11:56 PM

    Interest on judgements is a matter of state law. There are interest rate calculators which can figure out the total debt, if you know the rate. Calculator - Judgement Collections
    ohbrother's Avatar
    ohbrother Posts: 9, Reputation: 1
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    #3

    Mar 4, 2009, 01:06 PM
    Quote Originally Posted by George_1950 View Post
    Interest on judgements is a matter of state law. There are interest rate calculators which can figure out the total debt, if you know the rate. Calculator - Judgement Collections

    Do you know where I can find the "state law"?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    Mar 4, 2009, 01:18 PM

    First read the judgement, this normally should be specific to this,
    Call the clerk of the court and see what the allowed interest is
    George_1950's Avatar
    George_1950 Posts: 3,099, Reputation: 236
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    #5

    Mar 4, 2009, 01:45 PM
    Quote Originally Posted by ohbrother View Post
    do you know where I can find the "state law"?
    What state are you talking about? Check this: http://www.carreonandassociates.com/...ectionlaws.htm
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