Legal Question in Civil Litigation in Michigan

court order regarding installment payments

a consent order was excepted by the court for me to pay the plaintiff $12,446.18. then a motion for installment payments was granted and I was ordered to pay $250.00 a month until paid in full. I have made five payments to date totaling $1250.00. the plaintiff's statement shows todays balance is $12,190.20 and they have only deducted $255.90 from the original amount. the plaintiff's attorney said they are allowed to charge 13% interest. my question is: can the plaintiff charge more than the judgement amount?


Asked on 11/29/08, 6:09 am

2 Answers from Attorneys
Timothy Klisz Klisz Law Office, PLLC

Re: court order regarding installment payments

they can charge interest. Either judgment interest (4%) or actual interest under a note. If this is being calculated, contact me at www.kliszlaw.com. Tim Klisz

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Answered on 11/29/08, 10:39 am
Timothy Klisz Klisz Law Office, PLLC

Re: court order regarding installment payments

they can charge interest. Either judgment interest (4%) or actual interest under a note. If this is being calculated, contact me at www.kliszlaw.com. Tim Klisz

Read more
Answered on 11/29/08, 10:39 am


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