Ask a Lawyer and Get Answers to Your Legal Questions
Hello: This is Attorney Phillips. Welcome to Justanswer! I will be assisting you today with your post.
I am reviewing your post, and I will post my response very shortly. Thank you for your patience.
So Question is am I liable for interest for the late payments .
Response 1: Yes.
If yes simple or compound ? I think I have simple question
Response 2: Simple. See Arizona Revised Statutes Title 25 Section 25-510 E.
If you do not have any follow-up question(s), kindly give a positive rating to my response so that I can receive credit for responding to your post. There is no additional cost to you for doing this.
Thank you for your cooperation.