Calculator Help

The Balis Judgment Enforcers Calculator is designed to help you determine the current value of your judgment by calculating legally accrued interest on your judgment.

Input Fields

Enter information about your judgment in the following fields:

• Amount of Judgment

Enter the amount of the judgment as entered in court.

This amount should appear on your judgment order. This

amount includes courts costs awarded in California. If

you have renewed a judgment, enter the amount in the

renewal of judgment.

• Date Judgment Awarded

 Enter the date judgment was entered in court. This date

should also appear on your judgment order. If you have

renewed a judgment, enter the date of the renewal of

judgment.

• Interest Rate

 Enter the annual rate that interest accrues on your

 judgment. This rate will sometimes appear on the

 judgment order, but is also set by state law in most

 cases. In California, the interest rate is 10%.

Click the "Compute!" button to calculate. Click the “Clear” button to delete all entries.

Result Fields

After you enter your judgment information and click the "Calculate!" button, the following result fields will appear:

•Daily Interest

 This is the daily amount of interest that your judgment earns. A

 simple interest formula is used to determine this amount.

•Number of Days

 This is the number of days between the entry of your judgment

 and today. The date calculation is based on your computer's

 Internal clock.

•Interest Accrued

 This is the total amount of interest accrued on your judgment,

 based on the Number of Days multiplied by the Daily Interest

 amount.

•Current Value

 This is the value your judgment today IF you were able to

 collect it in full. This is determined by adding Interest Accrued

 and Amount of Judgment.

Note: This calculator is designed for judgments where the

debtor has made no payments. If you have a judgment

and the debtor has made some payments, contact us at

(858) 206-1992 and we can determine the current value

of your judgment for you. Please have dates and amount

of payments handy.

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