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Q: If a Mastercard card starts with 5434 is it a debit or a credit card?
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How much interest can be charged in a garnishment?

Good morning, Long story short: - In court ordered mediation (5/2012) agreed to settlement of $1724 less than originally owed ($5434, 6/2011) and not to file a judgement if defendant agreed to make timely monthly installments of $300/month - $250 paid 6/29/12 - $500 paid 9/27/12 after meeting again (independently of the courts) and agreeing to start anew if timely payments were made from then on - filed a judgment in February 2013 after making several contact attempts and receiving no money since 9/27/12 - 6/20/13 I learned defendant now has a full time staff position with an agency (we are both freelance independent contractors working for at least 12 - 15 different agencies so garnishment was not really possible until now.) Question regarding interest on the Writ of Garnishment. - is 90% illegal? My originally agreed upon contract states that a 5% penalty will be added every 15 days that full payment is not received. No money in 9 months at about 10%/month cumulative = $2664. That comes out to about 90% but the form does not allow for monthly cumulative interest. instead it's written as: "______ Plus post-judgment interest, on $___ , at ___%, for period from ____, to ____, ___Year ? - How much can I put down as interest payment? There is a 2nd line "Plus additional post-judgment interest" ? - How much can I add here? ? - How can I now recoup the $1724 lost in settlement plus the $2960 left unpaid from the settlement through this garnishment procedure? I want the garnishment total to equal $4684 from period of 9/27/12 to 6/27/13 I'm going this morning to file the Writ of Garnishment myself. Thanks you in advance for your help! Tatiana tri.terp@yahoo.com


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