Legal Question in Credit and Debt Law in Pennsylvania

A Judement By Default Against Me

I attended Drexel University in 2001 and wound up with a debt. I didn't pay it because I didn't have it. Things worsened and I ended up having lawyers come after me. Finally in 2003 a judgement by default was found against me in the amount of $19,000.00. In the letter I recieved informing me of this judgement, it did not specify any interest that I had to pay on the amount awarded to Drexel. My question is that since it did not explicitly say in the letter stating the judgment that I had to pay interest on the awarded amount to Drexel, is it okay for me to assume that I will not have to pay any interest on the awarded amount to Drexel?


Asked on 9/14/06, 6:14 pm

2 Answers from Attorneys
Bonnie Moses Dessen, Moses & Rossitto

Re: A Judement By Default Against Me

No, interest of 6% is owed on judgments in Pennsylvania. If you want a free consultation with an attorney to see if this debt may be able to be compromised, e-mail me at [email protected] and I will arrange an appointment for you.

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Answered on 9/15/06, 5:54 am

Re: A Judement By Default Against Me

Unless a different rate is specified in your contract, the default post-judgment interest rate in Pennsylvania is 6%. 42 Pa. C.S.A. � 8101.

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Answered on 9/14/06, 6:20 pm


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