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 Louisiana

In Louisiana, the cost of delay on a money judgment is set at 5% per year under La. Rev. Stat. § 13:4202(B). This statute governs the rate of judicial interest that accrues from the date the judgment is signed until it is paid in full. The 5% figure is a fixed statutory rate, meaning it does not fluctuate with market conditions. The official source for the full text of this provision is available at the Justia link provided. To calculate the total amount owed, the 5% annual rate is applied to the principal judgment amount for the time it remains unpaid. A worked example below illustrates this calculation. For a precise estimate tailored to your specific judgment amount and delay period, use the DocketMath calculator.

Governing authority

In Louisiana, the cost of delay rule is set by La. Rev. Stat. § 13:4202(B). The verified packet cites La. Rev. Stat. § 13:4202(B) (https://law.justia.com/codes/louisiana/2021/code-cc/pt-2/ch-4/art-2000).

Louisiana cost of delay: the verified value is 5% under La. Rev. Stat. § 13:4202(B). The verified packet cites La. Rev. Stat. § 13:4202(B) (https://law.justia.com/codes/louisiana/2021/code-cc/pt-2/ch-4/art-2000).

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.