Legal Question in Credit and Debt Law in Kansas
judgement and garnishment
if you have a judgement with a creditor, if they make payment arrangements will their still be intrest or do you just pay off the amount
Asked on 7/03/07, 8:41 pm
1 Answer from Attorneys
Anthony Smith
LawSmith
Re: judgement and garnishment
It depends upon the agreement you reach. It has been my experience that absent a specific agreement, the interest continues to accrue. The deal is usually to not take other collection action so long as the agreed payments are made on time.
Good Luck
Answered on 7/12/07, 4:52 pm