The lawsuit was filed on July 12, 2006 on behalf of Dominador C. Mauricio ("Mauricio"). The lawsuit alleged that Encarnacion failed to repay a large sum of money borrowed from Mauricio. Encarnacion failed to respond to the lawsuit and the Court entered a judgment for the loan balance of $34,000 plus interest, legal fees and court costs.
Civil judgments in California collect interest at the rate rate of 10% per year. In this case, interest will accrue at the rate of $3961.76 per year or $10.85 per day until paid. Efforts to collect the judgment will begin immediately.
About the Author: Carl H. Starrett II has been a licensed attorney since 1993 and is a member in good standing with the California State Bar and the San Diego County Bar Association. Mr. Starrett practices in the areas of bankruptcy, business litigation, construction, corporate planning and debt collection.