Legal Question in Business Law in California

Small Claims

I have been told I am judgment proof, but I am wondering, do debts in small claims have interest?


Asked on 2/22/09, 11:28 pm

3 Answers from Attorneys

Adam Telanoff Telanoff & Telanoff

Re: Small Claims

Yes.

Judgments (including small claims judgments) accrue interest at the rate of 10% per year.

They are enforceable for 10 years, at which point they can be renewed for another 10 years.

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Answered on 2/23/09, 10:08 am
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

Re: Small Claims

Small claims judgments in California, like all other court judgments, accrue interest at the rate of 10% per annum simple interest.

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Answered on 2/22/09, 11:30 pm
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: Small Claims

"Judgment proof" is kind of a slang term with no precise legal meaning or significance. A better term might be "collection proof" - a creditor can get a judgment against someone without a dime to their name, but the debtor, having no money, can't be collected from....but the unpaid judgment continues to sit there on the public record, and yes, it accumulates interest.

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Answered on 2/23/09, 12:24 am


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