Legal Question in Civil Litigation in Washington
interest collectable on judgements
I would like to know if any what the interest rate allowable by law is for a judgment on a small claims matter. The code law i have read states 12% but that is back from 1983 is that still the applicable rate?
Asked on 9/15/99, 12:57 pm
1 Answer from Attorneys
Gary Preble
Preble Law Firm, P.S.
Re: interest collectable on judgements
Yes, 12% is still the judgement interest rate. Remember you can also get pre-judgment interest for amounts that are specific or calculable (that is, where there is no discretion necessary to determine the amount).
Gary Preble
Olympia
360-943-6960
Answered on 9/17/99, 2:07 am
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