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Old 08-02-2005, 06:57 PM
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Join Date: Aug 2005
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Garnishments

What is the name of your state? Oregon
My wife and I are both having 25% of our wages taken in a garnishment. We owed Ford Credit $9277.04 in April 2003. Since then they have collected $14,584.97. They tacked on $5,672.86 in Post-adjudication Interest. Is this legal? It sounds very unfair to pay interest on a vehicle we do not have.
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Old 08-02-2005, 07:42 PM
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Join Date: Feb 2002
Location: Nashville,TN
Posts: 15,706
Since they have a judgment, the judgment ITSELF accrues statutory interest, though that amount sounds excessive.
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