Legal Question in Credit and Debt Law in California

Can interest on a judgment be added to the principal? If so, what is the procedure?


Asked on 10/03/10, 11:30 am

1 Answer from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

The judgment creditor would periodically file a memorandum of interest and costs after judgment. Judgments accrue interest at the rate of 10% simple interest per annum.

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Answered on 10/08/10, 11:45 am


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