What is the name of your state (only U.S. law)? Oklahoma
I was awarded a judgment in Small Claims Court in Tulsa Oklahoma. The judgment is to "draw interest at the statutory rate".
I called the courthouse and was told the rate was 10.25%.
They couldn't, however, tell me if I am to compound this interest monthly or yearly.
Any advice?
I was awarded a judgment in Small Claims Court in Tulsa Oklahoma. The judgment is to "draw interest at the statutory rate".
I called the courthouse and was told the rate was 10.25%.
They couldn't, however, tell me if I am to compound this interest monthly or yearly.
Any advice?