Legal Question in Business Law in California

Interest

We won a judgment in small claims court about a year ago (San Mateo County)against a business. What is the interest we can charge on it? Thanks,


Asked on 11/03/04, 11:43 am

4 Answers from Attorneys

Robert F. Cohen Law Office of Robert F. Cohen

Re: Interest

Unless the judgment otherwise indicates, the legal rate is 10% annual simple interest.

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Answered on 11/03/04, 12:42 pm
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Interest

Get the book, Collect Your Judgment, from Nolo Press (www.nolo.com).

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Answered on 11/03/04, 1:31 pm
Scott Linden Scott H. Linden, Esq.

Re: Interest

Post Judgment interest is 10%.

I have extensive experience in collections, I was previously in-house counsel for a collection agency as well as the creator of the collection procedures and collection manual for a multi-million dollar company.

If you require assistance with the collection, please feel free to contact me at 626-578-0708 or directly through my web site at www.RuleofEmployment.com.

Scott

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Answered on 11/03/04, 2:56 pm
Joel Selik www.SelikLaw.com

Re: Interest

10%

We collect Judgement throughout California and Nevada

JOEL SELIK

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This is just general information. No representations are made and no attorney client relationship is established by this communication. In most matters there are strict time limitations within which actions may be taken or your rights will be compromised. We are not taking any action on your matter and will not be considered your attorney or tax representative until both you and we have signed a fee agreement.

We, therefore will take no action on your behalf unless a written retainer agreement is signed. There are strict deadlines, called statutes of limitation, within which claims or lawsuits must be filed. Therefore, if you do not retain SELIKLAW, you should immediately seek the services of another attorney or other advisor.

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Answered on 11/03/04, 6:32 pm


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