| Quite often the creditor has reduced their account to
a judgment or inquire about what post-judgment interest can be charged
on an account. Below is a summary of interest rates that apply to
money judgments as published by the State Court Administrative office
calculated at six-month intervals from the date of filing, compounded
annually.
MICHIGAN INTEREST RATES FOR MONEY JUDGMENTS
|
Effective Date |
Interest Rate |
| January 1,2004 |
4.295% |
| |
|
| |
|
This is for information purposes only and is not to
be legal advice. Check with your own attorney for specific
questions. |
