Legal Question in Credit and Debt Law in Indiana

small claims interest

I am being sued for child care charges and the provider is charging me monthly interest. She is charging between 12-20 dollars per month. There is no judgement entered as of yet and our contract does not provide for interest. Can she charge this?


Asked on 1/08/09, 9:50 pm

1 Answer from Attorneys
Samuel Hasler Samuel Hasler

Re: small claims interest

If you are getting sued under the new contract, then husband is not liable.

Indiana law allows for prejudgment interest. If I recall correctly, the statute sets judgment interest at 8% interest.

Read more
Answered on 1/08/09, 11:27 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Indiana