California  |  Civil Litigation

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11/16/09, 5:46 pm

Legal Question

Is there statutory authority in California to apply post judgment payments first to interest, then to principal?


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11/22/09, 9:51 am

Legal Answer

Yes. Generally Code of Civil Procedure Section 685 deals with calculating interest. However, it is also standard under any loan (a home loan, a credit card) that payments go first to interest and then applied to reduce principal.

Aaron Feldman

Feldman Law Group 1020 Aileen Street Lafayette, CA 94549

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