I have a judgment against a company. The judgment has principal, pre-judgment interest, attorney's fees, and post-judgment interest. Does the post-judgment interest rate apply to the principal only, OR does it apply to the attorney's fees and the previously-accrued interest charges, too? Thanks for your advice.
1 Answer from Attorneys
It is only on the principal.
GA Code § 7-4-12 says (a) All judgments in this state shall bear annual interest upon the principal amount recovered at a rate equal to the prime rate as published by the Board of Governors of the Federal Reserve System, as published in statistical release H. 15 or any publication that may supersede it, on the day the judgment is entered plus 3 percent.