What is the interest rate for post judgment in 2023?

Post-Judgment Interest Rates - 2023 Week EndingRate (%)1/27/20234.692/3/20234.702/10/20234.872/17/20234.9711 more rows

What is the interest on a small claims judgment in California?

You can add interest at any time while the judgment is active. Generally, any unpaid principal balance collects interest at 10%, or 7% if the debtor is a government agency.

How is interest calculated on a court Judgement?

Proc., 685.010, 685.020(a), and Cal. Const., art. XV, 1.) Interest accrues on an unpaid judgment amount at the legal rate of 10% per year (7% if the judgment debtor is a state or local government entity) generally from the date of entry of the judgment.

Is interest on a judgment compounded in California?

Interest begins on the date the judgment is entered. CCP 685.020(a). When the judgment is payable in installments (e.g., child support awards), interest accrues from the date each installment becomes due. Post-judgment interest is not compounded unless the judgment is renewed.

What is the interest on a small claims court judgment in California?

Interest (10 percent per year) is usually added to the unpaid amount of the judgment from the date the judgment is entered until it is paid in full. Interest can only be charged on the unpaid amount of the judgment (the principal); interest cannot be charged on any unpaid Read this form and the Request.

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