Post Judgment Payments Case Study

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John, do we have department policy how to handle post judgment payments. If not, we should come up with one. We will be recording a lot of judgments in the coming months. Since the judgments supersede the loan documents, we should be calculating interest on the judgment amount at the statutory rate. It is more of a loan ops question, if they need to go back and change the loan amount and the rate to the judgment amount, and statutory rate as of the judgment

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