Results 1 to 2 of 2
  1. #1
    Join Date
    Nov 2012

    Default How to Properly Complete Memorandum of Costs Form, MC-012

    My question involves judgment recovery in the State of: California


    I'm in the state of California. I've receintly won a small-claims case, and a judgment was entered in my favor. Now I'm at the stage of enforcing/collecting on the judgment, and after spending some money on enforcement and filing some MC-012's to get the costs added, I've finally gotten my first partial payment.

    My question is:

    When a partial payment is made on a judgment, how are the items 4 and 5 on the next MC-012 completed? In other words, do I wipe the interest amount out on the date of the partial payment and start accruing from zero, and specify only the credit after interest subtracted in the "acknowledgment of credit", or do I continue to accrue interest - now at a slower rate - and specify full payment amount in the "acknowledgment of credit"?

    More specifics:

    Original judgment amount = $1740.00
    Collection costs posted to principal balance (with prior MC-012's) = $166.00
    Collection costs not yet posted to principal balance = $175.00 (to appear on the next MC-012)
    Interest accrued as of date of payment = $31.93
    Partial payment amount = $600.00

    So, on the next MC-012, provided no further payments are made/money collected, do I put $600 in Item 4 and ($31.93 + interest accrued after payment) in Item 5, or put $568.07 in Item 4 and only interest accrued after payment in Item 5?

    Please advise.


  2. #2
    Join Date
    Sep 2005
    Behind a Desk

    Default Re: How to Properly Complete Memorandum of Costs Form, MC-012

    Box four is for the amount credited against the judgment. The amount the defendant has paid to date.

    Box five is for accrued interest, with interest calculated based on adjusted balances so as to take into account prior payments made.

    1. Sponsored Links

Similar Threads

  1. Expungement and Sealing: How to Complete an Expungement Form, CR-180
    By jdoug6 in forum Criminal Records
    Replies: 1
    Last Post: 02-13-2012, 05:43 PM
  2. Education Law Issues: Online University's Misrepresentation of Costs, Time to Complete Degree
    By xsys2001i in forum Education Law
    Replies: 12
    Last Post: 01-10-2012, 06:37 PM
  3. Collection and Enforcement: What is the Process of Getting Filing Fees Back After Filing a Memorandum of Costs
    By JJnCali in forum Civil Procedure
    Replies: 3
    Last Post: 10-14-2011, 09:46 AM
  4. Contractor Wants More Money, Caused Damage, Didn't Complete Job Properly
    By chrstned in forum Construction, Repair and Renovation
    Replies: 1
    Last Post: 10-04-2010, 07:38 PM
  5. Name Change Procedures: How To Properly Fill Out A NYC Name Change Form
    By Jay34368 in forum Name Change
    Replies: 4
    Last Post: 12-16-2007, 02:10 PM
Sponsored Links

Legal Help, Information and Resources