Legal Question in Civil Litigation in California

Is there statutory authority in California to apply post judgment payments first to interest, then to principal?


Asked on 11/16/09, 5:46 pm

1 Answer from Attorneys
Aaron Feldman Feldman Law Group

Yes. Generally Code of Civil Procedure Section 685 deals with calculating interest. However, it is also standard under any loan (a home loan, a credit card) that payments go first to interest and then applied to reduce principal.

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Answered on 11/22/09, 9:51 am


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