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Foreclosure Forum |
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The post-judgment interest is an extra dollop of profit.In Reply to: Re: Purchasing Debts from Final Judgment Holders posted by Jack Lo on June 06, 2002 at 7:04 PM : Ward, : What do you use as the basis (for calculation purposes) of the 10% offer? The dollar amount affixed on the judgment itself or the aforementioned amount together with post-judgment interest to date? : Thanks again. : =•=•=•=•=•=•=•=•=•=•= JL, We use the original judgment amount to determine our 10% offer. Therefore the post-judgment interest accrual amounts to an extra dollop of profit when we collect.
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