Legal Question in Credit and Debt Law in Missouri

There was a judgment entered against me in court. Does interest accrue on this amount or it is static once the judgment has been entered? 29,99% was charged up until that time, since I became delinquent.


Asked on 9/30/09, 9:50 am

1 Answer from Attorneys
Anthony Smith LawSmith

If no other interest rate is ordered in tehjudgment, the judgment starts to accrue the statutory interest rate the day after it is entered. If the Plaintiff got it into the judgment, the debt continues to accrue at the 29.99% rate. If nto, then it is accruing a statutory (rates change over time) until a satifaction is entered.

Good luck

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Answered on 9/30/09, 1:30 pm


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