Searching for Interest Rate Back Child Support California information? Find all needed info by using official links provided below.
https://www.ncsl.org/research/human-services/interest-on-child-support-arrears.aspx
Apr 08, 2019 · A. Interest shall accrue on delinquent child support at the rate of four percent and spousal support at the rate set forth in Section 56-8-4 NMSA 1978 in effect when the support payment becomes due and shall accrue from the date the support is delinquent until the date the support is paid.
https://www.cadivorce.com/california-divorce-guide/child-support/strategies-for-dealing-with-back-child-support/
Under California law, interest is added onto back child support at the rate of 10% per year. At this very high rate, it can become difficult and even impossible to reduce back child support. The parent who owes back child support should try to obtain a lower interest loan …
https://www.supportcollectors.com/resources/california-laws-and-resources/
California also charges interest on retroactive child support at a statutory rate of 10% per annum. Interest accrues from date installment is due if payable in installments, or from date of entry of judgment.
https://sfgov.org/dcss/arrears-estimator
Outstanding Interest: California Code of Civil Procedure § 685.010 states that interest accrues at the rate of 10% per year on the principal amount of a money judgment that is unsatisfied. Interest is charged on all DCSS cases at the rate of 10% per year, with the following exemptions:
http://www.childcustodycoach.com/child-support-interest-california.php
According to several experienced lawyers, any child support installment that remains unpaid accrues a simple interest at the rate of 10 percent per annum in California. This interest is calculated from the day the installment has been due or from the day the judgment has been entered.
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