§ 686 Customer Creditor Interest Claims

• •If a business owes you money and goes under, you get extra money (interest) on top of what they owe you.
• •The extra money starts adding up from the day the government takes over the business.
• •The extra money rate is the same as what the law says for court judgments.

You lent $1,000 to a local store, but the store closed down and the government took over. The store owed you that $1,000 when it closed.

From the day the government took over the store, your $1,000 starts growing with extra money (interest) until you get paid back. The extra money is like a small fee the store has to pay for taking too long to pay you back.