Legal Question in Credit and Debt Law in Virginia
If I have a judgment ordered against for an unpaid tuition debt, I know the interest rate would be 9% in the state of VA. Can the collector still charge additional fees other than that on my debt?
Asked on 8/21/09, 1:09 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
Attorney's fees might possibly be allowed to the collector/enforcer of the judgment (if such was specified by the court in its judgment order).
Also, FYI, generally, the judgment interest rate in the Commonwealth is 6 rather than 9% per annum.
Answered on 8/26/09, 4:11 pm
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