607-14.7 Attorney's fees, costs, and expenses; judgment creditors. In addition to any other attorney's fees, costs, and expenses, which may or are required to be awarded, and notwithstanding any law to the contrary, the court in any civil action may award to a judgment creditor, from a judgment debtor, reasonable attorney's fees, costs, and expenses incurred by the judgment creditor in obtaining or attempting to obtain satisfaction of a money judgment, whether by execution, examination of judgment debtor, garnishment, or otherwise. The court may award attorney's fees that it determines are reasonable, but shall not award fees in excess of the following schedule:

(1) Twenty-five per cent on the first $1,000 or fraction thereof;

(2) Twenty per cent on the second $1,000 or fraction thereof;

(3) Fifteen per cent on the third $1,000 or fraction thereof;

(4) Ten per cent on the fourth $1,000 or fraction thereof;

(5) Five per cent on the fifth $1,000 or fraction thereof; and

(6) 2.5 per cent on any amount in excess of $5,000.

The fees shall be assessed on the amount of judgment, exclusive of costs and all other attorney's fees. [L 1985, c 288, 2; am L 2016, c 55, 22]

 

 

Previous Vol13_Ch0601-0676 Next