What does 12 % annum mean on a child support judgment? Is it 12 % interest per year until paid in full or on balance due year?: I was awarded a judgment on child support arrears, I needed to know how the interest applies to it. Is it 12 % per year on judgment amount until balance is paid or 12% interest on the balance due each year until paid off.
David’s answer: It is 12% per year compounded. So you add the interest to the balance and do the interest again (interest in interest). So 12% on the balance due each year.
How do I find an attorney that will work Pro Bono?: My father passed when I was 19 and I am now 34. He had land in Colorado and was getting some sort of royalty's but I have very little information on that and didn't know about it until my aunt asked if we knew about it and that we (my sister and I) should be getting those royalty's. This is all still under my fathers name and I don't know what to do to get it under mine and my sisters. Also, my sister lives in California where we grew up and I currently live in Washington State. We also recently got a letter in the mail from a company wanting to buy our mineral acres and they said they would pay the legal fee's to have the land moved from our fathers name to ours. Apparently we have 30 days to respond. I'm very stressed and don't know what to do, I don't know how any of this works. I don't have much money so I can't afford an attorney, any advise would be wonderful!
David’s answer: We offer fee arrangements where you can pay after the property sells, if you want to contact us.
Can I sue my uncle. ?: My parents passed away and left a house. 2sisters and I. I discussed pricing to sell it and my uncle convinced us that it could only sell for 210,000 after lots of improvements. We agreed to sell to him for 142000. Now it selling for 339000. I believe he conned us out of this to make a huge profit.
David’s answer: It depends on the circumstances, such as where you live, your age, where your uncle lives and most importantly, was he the personal representative of the estate (a/k/a, the executor). Generally there is no fraud if you could have researched the price and decided to trust him, but there are cases where you would have a claim, but you will need to talk over your facts with a probate lawyer to be sure.