Legal Question in Credit and Debt Law in North Carolina
I received a court order for a judgement, I received a amount for 3,256 and now on my credit report that judgement is now for 4110. I would like to know if a judgement can increase interest on the amount due?
Asked on 3/16/10, 7:22 am
1 Answer from Attorneys
Lynn Coleman
Attorney-Mediator
Yes. Judgments in North Carolina accrue interest at 8% per year.
Answered on 3/21/10, 3:47 pm