I lost an arbitration and owe the client $50,000. I know that if there were to file a judgement, the money I owe would accrue interest at 10%/year. They outlined a schedule for me to pay them off at $5,000/month at 8% interest. I never agreed to any interest nor signed any documents. However, I've been very diligent about paying them $8,000/month, thinking that if I'm eagerly paying them the money, they won't have to file a judgement nor will they be able to collect interest. Is there any state statute that allows interest on an arbitrator's award?