Legal Question in Family Law in California
I live in California. My divorce was final in August 2010. As part of the settlement, I am to get $225,000 plus 10% interest upon the sale of a house. There was an AOJ filed indicating the $225,000 but the 10% was not noted. My divorce attorney said that that was automatic. Is this true?
Asked on 5/05/11, 9:22 am
2 Answers from Attorneys
Rhonda Ellifritz
Law Offices of Rhonda Ellifritz
Yes. Check out the these links for the code and further information:
http://law.justia.com/codes/california/2009/ccp/685.010-685.110.html
http://www.courtinfo.ca.gov/selfhelp/smallclaims/collectintro.htm#computeinterest
Answered on 5/05/11, 9:44 am
Anthony Roach
Law Office of Anthony A. Roach
Divorce judgments are legal judgments. All legal judgments bear legal interest, as a matter of law. That rate is 10%.
Answered on 5/05/11, 12:51 pm