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Can You Collect Interest On An Unpaid Judgment?

Yes. Interest began accruing the day a judgment was issued. The rate is 10% percent per year, simple interest. A judgment may be worth significantly more today than the day it was issued.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified creditors rights lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local creditors rights attorney to discuss your specific legal situation.

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