Legal Question in Credit and Debt Law in Illinois

I have a judgment against me on a credit card debt. are they allowed to charge interest above the judgment amount if not stated on the court order?


Asked on 4/08/15, 6:31 pm

1 Answer from Attorneys
Jonathan Shimberg Shimberg and Crohn, P.C.

Yes. The law is that they are entitled to nine percent simple interest on the judgment. It does not have to say it in the judgment itself

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Answered on 4/08/15, 6:52 pm


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