Prejudgment Interest in California
In a criminal case where a plantiff is ordered to pay restitution and prejudgment insterest. What is the statue on the interest rate in CA? 10% seems double what the prime rate is currently. Is there a maximum amount of months allowed for prejudgment interest?
Asked on 10/23/08, 11:21 pm
1 Answer from Attorneys
Jacek W. Lentz
Law Offices of Jacek W. Lentz
Re: Prejudgment Interest in California
10 percent is the rate. Pre-judgment interest would date back to the date of the crime.
Jacek W. Lentz, Esq.
310.273.1361
www.lentzlawfirm.com
Answered on 10/26/08, 11:54 pm
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