Legal Question in Credit and Debt Law in Indiana

Statutory Interest

I received notice to appear in small claims court for 2 medical bills that are about 1 yr old. Included in the lawsuit is statutory interest from the collection agency. They will not write it off, I am not sure what that is or if they can sue me for that. There was never a mention of interest on any of the bills I received from them. I went to the attorney & paid the 2 medical bills, plus the court costs, & they told me I can dispute the interest on the court date. It is not worth retaining an attorney for it, because it is only $38. Do I have a chance of winning in court at all? I think they should have informed me of the interest that has been accruing since the original date of the bill.

Thank-you for any help you can give me in this matter.


Asked on 4/07/04, 5:02 pm

1 Answer from Attorneys
Eric Southward Southward & Haggard

Re: Statutory Interest

Generally interest can be charged from the date of a judgment. Do they have a judgment yet? Or is this the first hearing you have had on the lawsuit? If they don't have a judgment and you don't have an agreement or contract with them stating that they get interest, then they shouldn't. NO, it's not worth it to hire an attorney.

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Answered on 4/07/04, 8:09 pm


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