This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.

Cost Of Delay in Arkansas

In Arkansas, the statutory interest rate on a civil judgment is 10% per year, as set by Ark. Code Ann. § 16-65-114. This rate applies automatically from the date the judgment is entered until it is paid in full. The statute provides the legal basis for calculating post-judgment interest, and the official text details how the 10% figure is applied. The worked example below illustrates the straightforward calculation using that rate. For a precise estimate based on the specific judgment amount and duration of delay, use the DocketMath calculator, which follows the statute exactly.

Governing authority

In Arkansas, the cost of delay rule is set by Ark. Code Ann. § 16-65-114. The verified packet cites Ark. Code Ann. § 16-65-114 (https://advance.lexis.com/documentpage/?pdmfid=1000516&crid=c2b51ed1-bd4b-49af-ad08-bd2c4c255793&nodeid=AA00GPPD&nodepath=tnb&vid=2023-01-03&format=pdf).

Arkansas cost of delay: the verified value is 10% under Ark. Code Ann. § 16-65-114. The verified packet cites Ark. Code Ann. § 16-65-114 (https://advance.lexis.com/documentpage/?pdmfid=1000516&crid=c2b51ed1-bd4b-49af-ad08-bd2c4c255793&nodeid=AA00GPPD&nodepath=tnb&vid=2023-01-03&format=pdf).

Estimate your own result: every situation has exceptions that can change the outcome. Use the cost of delay calculator to estimate your specific figure.

This page provides general legal information and calculation tools, not legal advice. DocketMath is not a law firm and does not provide legal representation, and using this site does not create an attorney-client relationship. Laws change and exceptions apply, so deadlines and amounts specific to your situation should be confirmed with a licensed attorney in your jurisdiction.