Legal Question in Credit and Debt Law in Virginia

Additional % from date of judgment

I recently won a case in which the defendant was ordered to pay me $6,000 + $48 court costs + 6% from date of judgment. How do I mathematically calculate that 6%.??? 6% of $6000 is $360 I know, but is it $360 a day or what. Thank you.


Asked on 7/23/08, 12:43 pm

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: Additional % from date of judgment

Interest is 6% simple interest per year, calculated on a daily basis. So it's just shy of $1/day.

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Answered on 7/23/08, 4:35 pm


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