I have had court papers stating that I owe the original amount of the suit and "judgement interest".
First, what is judgement interest?
Second, can judgement interest be negotiated down if I got a lawyer?
Any legal advice here would be helpful.
Thanks
2006-12-20 07:27:18 · 4 answers · asked by gzam415 2 in Politics & Government ➔ Law & Ethics
You should ask a judge or attorney the questions you have here.
2006-12-20 07:34:57 · answer #1 · answered by Richard H 7 · 0⤊ 0⤋
It depends on the state, but judgment interest usually begins to run from the time payment was demanded before filing suit, so if someone demanded 4 years ago that someone owed them 100,000 and then they filed suit a year later and won, the judge can take on judgment interest that would go back to 4 years ago when they demanded the 100,000. You may want to check with a lawyer, because unless you appeal something like that, then you are out of luck.
2006-12-20 17:05:03 · answer #2 · answered by On Time 3 · 1⤊ 0⤋
Judgement interest is the interest that grows off of when they judged you at the beginning of the final hearing. This can't be negotiated.
2006-12-20 15:42:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You could check out a website I have and it may be able to help you with all fo your legal issues!
2006-12-20 15:47:44 · answer #4 · answered by gatorgirl 5 · 0⤊ 0⤋