Legal Question in Credit and Debt Law in Virginia
I had a warrant in debt issued and the judgement was to the plaintiff for $990 plus interest of 6% annually from April 3, 2004, $53 court cost (VA) and no attorney fees. When I phoned the plantiff they stated the amount due was $3247. On my calculations ...
Asked on 9/10/10, 12:15 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
By my rough calculations, Interest compounded at 6% (judgment rate) over approximately 6 years on an initial judgment of $990 should be around $1500 + $53 for the court costs
Answered on 9/15/10, 1:18 pm