Enforcement of Judgments Flashcards
1
Q
How long does a judgment debtor have to pay after a judgment has been awarded?
A
The Order will usually give a date by which the money has to be paid. If no date is specified the defendant has 14 days to pay [CPR 40.11]. Interest will usually be payable on any outstanding money at ‘judgment rate’ currently 8% pa [CPR 40.8
2
Q
How much will interest be on any debt?
A
Interest will usually be payable on any outstanding money at ‘judgment rate’ currently 8% pa [CPR 40.8]
3
Q
When will interest and enforcement run from?
A
The date of judgment, not the date of service of judgment.
