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Updating and collecting bankruptcy court judgments
Why do you think the judgments accrue interest at 10%? The federal interest rate for judgments is under 1%
Sent from my iPhone
On Apr 6, 2014, at 5:58 PM, "Alik Segal" wrote:
I have a couple of bankruptcy court judgments (fee orders) that were entered about a year ago and have been recorded. In addition to the principal, these judgments now include annual 10% interest and collection costs related to recording. One of these judgments is against a client and another is against my client's creditor.
What is the procedure for getting a document from the bankruptcy court showing the new principal balance, which now includes interest and collection costs?
Alik Segal
Alik.Segal@gmail.com
310-362-6157
California Central District
Why do you think the judgments accrue interest at 10%? The federal interest rate for judgments is under 1%
Sent from my iPhone
On Apr 6, 2014, at 5:58 PM, "Alik Segal" <listserv.inbox@gmail.com> wrote:
I have a couple of bankruptcy court judgments (fee orders) that were entered about a year ago and have been recorded. In addition to the principal, these judgments now include annual 10% interest and collection costs related to recording. One of these
judgments is against a client and another is against my client's creditor.
What is the procedure for getting a document from the bankruptcy court showing the new principal balance, which now includes interest and collection costs?
Alik Segal
Alik.Segal@gmail.com
310-362-6157
California Central District
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