Legal Question in Family Law in California
Interest
Had wages garnished for child support. Last payment was 10/18/02. All paperwork recieved had same figure, $3469.04. Paid that amount. Called agency to request final statement. Was told I still owed $300.00+ for interest. Court order does not mention interest. Paid amount on court order. Am I legally obligated to pay the interest?
3 Answers from Attorneys
Reply: Interest
Statutory interest accruse on unpaid child and spousal support at the rate of 10% per annum, simple interest.
Good luck to you.
Brian Levy, Esq.
www.calattorney.net
Re: Interest
Is it legal to charge interest- yes. has the correct amount of interest been charged?--Unknown--you would have to have it calculated.
Re: Interest
Yes,if a lump sumpay ment was ordered,or as payments "due" accrued at 10%/annum..