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 Arizona

In Arizona, the cost of delay in a judgment is set by statute at a rate of 10% per year. This rate is established under A.R.S. § 44-1201(B), which governs the interest applied to a judgment. The rate becomes variable after the judgment is entered, but the verified figure of 10% applies as the legal rate under § 44-1201(A)(2) for pre-judgment interest when no other contract rate is specified. The statute does not list a formula; the interest accrues on the principal amount. The worked example below demonstrates the calculation. For an estimate of your specific cost, use the DocketMath calculator.

Governing authority

In Arizona, the cost of delay rule is set by A.R.S. § 44-1201(A)(2) (legal rate); § 44-1201(B) (judgment rate variable). The verified packet cites A.R.S. § 44-1201(A)(2) (legal rate); § 44-1201(B) (judgment rate variable) (https://www.azleg.gov/ars/44/01201.htm).

Arizona cost of delay: the verified value is 10% under A.R.S. § 44-1201(A)(2) (legal rate); § 44-1201(B) (judgment rate variable). The verified packet cites A.R.S. § 44-1201(A)(2) (legal rate); § 44-1201(B) (judgment rate variable) (https://www.azleg.gov/ars/44/01201.htm).

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.