Legal Question in Civil Litigation in California
Am I entitled to collect interest from the Defendant since the date of the initial money judgment the court ordered in my favor against the Defendant?
The Defendant kept appealing the judgment over 5 months, but each time, the court upheld the initial judgment.
4 Answers from Attorneys
Yes. You get interest at the legal rate, which I'm pretty sure is now 7%, from the date of entry of the final judgment. So if the original judgement is fully upheld on appeal, that is when interest starts.
Yes, at 10% per annum/year.
Money judgments ordinarily earn simple (non-compounded) interest at the rate of 10% per year. The interest accrues while the judgment is on appeal.
In some circumstances, the judgment cannot be enforced while the appeal is pending. But interest still accrues during that time.
It is enforceable unless an stay is entered. Interest accrues from the date of judgment.
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