Legal Question in Credit and Debt Law in Missouri

How can I stop interest from accuring on a collections judgment?


Asked on 10/19/09, 6:07 pm

1 Answer from Attorneys
Anthony Smith LawSmith

Pay the principal down to zero, or file for bankruptcy protection. Otherwise, a judgment accrues interest by law. Some Judgment creditors will agree to freeze the interest if the debtor makes sizeable regular (often monthly) payments

Good luck

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Answered on 10/20/09, 2:33 pm


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