Legal Question in Civil Litigation in California
Interest on a judgement
I was awarded a judgement for unlawful detainer in August, 1995. The total judgement is $1,478.00. What percentage of interest am I allowed to charge, and is the interest charged per month or per year?
Many Thanks
Asked on 9/25/03, 11:29 pm
1 Answer from Attorneys
Edward Hoffman
Law Offices of Edward A. Hoffman
Re: Interest on a judgement
Post-judgment interest on California judgments accrues at 10% per year. The interest is simple, not compound.
Answered on 10/03/03, 4:28 pm