If a creditor gets a judgement against you does the dollar amount get locked in or can they continue adding fees and interest to the balance?
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Judgements and interest
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Once a judgment is entered, yes, they can continue charging interest on the judgment. Unless the judgement states otherwise, most states have a set rate of interest that can accrue on a judgment. For example, in Nevada, the current Judgment Interest rate is 8.25%. However, if the judgment says, Interest to accrue at the contract rate", then the interest rate can be whatever the creditor charges under the agreement.
However, there should not be any more fees charged, but as I said above, interest will continue to accrue indefinitely.
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