Good Afternoon Counselor,
I have a civil judgment against me for the amount of $2000.00 as of 2/28/07, plus 6% interest and court cost. It took me 18 months to pay off the $2000.00. According to the court documents the court cost total $75.00, which I understand....My question how is the 6% interest calculated? One person is telling me 2/28/07 to 2/28/08 tallies; $120.00 ---From 2/28/08 to 8/28/08 tallies $60.00...Grand total of $180.00 Or is it calculated like interest on a credit card what the balance is for that month and calculate the interest per month for 18 months. 2007 = $78.24, 2008 = $13.68 Making a grand total of $91.92, which one is correct.
Also nothing is mentioned in the court records in regards to a transcript but the opposing attorney is sending me a bill of $154.40 for this too.....I'm I liable to pay that, when it isn't in the disposition of the case records?
Thank you for your time and attention in this matter. Corky1961
I have a civil judgment against me for the amount of $2000.00 as of 2/28/07, plus 6% interest and court cost. It took me 18 months to pay off the $2000.00. According to the court documents the court cost total $75.00, which I understand....My question how is the 6% interest calculated? One person is telling me 2/28/07 to 2/28/08 tallies; $120.00 ---From 2/28/08 to 8/28/08 tallies $60.00...Grand total of $180.00 Or is it calculated like interest on a credit card what the balance is for that month and calculate the interest per month for 18 months. 2007 = $78.24, 2008 = $13.68 Making a grand total of $91.92, which one is correct.
Also nothing is mentioned in the court records in regards to a transcript but the opposing attorney is sending me a bill of $154.40 for this too.....I'm I liable to pay that, when it isn't in the disposition of the case records?
Thank you for your time and attention in this matter. Corky1961