Legal Question in Civil Litigation in Maryland

What is the legal limit of interest you can sue for in a civil suit in the state of Maryland?


Asked on 8/18/10, 12:41 pm

1 Answer from Attorneys
Phillip M. Cook Cook Legal Services, LLC

In Maryland, the legal rate of interest is 6%; the general usury limit is 24%. Judgments bear interest at the rate of 10%. There are many nuances and exceptions to this law. As such, you should hire a Maryland attorney to discuss the specifics of your case before you take legal action.

Best of luck.******The above is for informational purposes only and does not establish an attorney-client relationship.******

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Answered on 8/23/10, 1:05 pm


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