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interest after CCJ Paragon Finance


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Wouldn't that apply to any kind of debt with "recent" charges !!! If a debt is statue barred, surely that can't just add on some more interest and say "ah, this was added within the past six years".

 

if the principle is barred, so is the interest.

 

And is this actually interest on a judgement debt, or interest founded on a simple contract? That is, the scope of the original debt has obviously been decided by judgement, but my understanding is that the interest actually arises as a contractual benefit for the IP, and not as a result of the judgement per se.

 

Edit: one of the obvious differences is that if the debt interest is interest automatically added to a judgement debt, then that interest should be enforceable without need for a new judgement.

 

it's founded on a simple contract rather than the original judgment.

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