Judgment Rate of Interest
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Statutes
"If the judgment is in connection with breach of contract for a loan, the judgment bears interest at the contract rate. Md. Code, Cts. and Jud. Proc.; §11-106.
The legal or judgment rate of interest on a judgment is 10% of the unpaid balance of a loan. Md. Code, Cts. and Jud. Proc.; §11-107. "
The legal or judgment rate of interest on a judgment is 10% of the unpaid balance of a loan. Md. Code, Cts. and Jud. Proc.; §11-107. "
Cases
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Contributors
Steven N. Leitess
Leitess Friedberg PC
The statutory information was edited and reviewed with the support of MultiState
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