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.

Maine Cost of Delay in Civil Litigation Calculation of Interest

Under Maine law, the cost of delay in civil litigation is set by statute at 6% interest. This rate is established by 14 M.R.S. § 1602-C, which governs post-judgment interest on money awards. The interest accrues from the date the judgment is entered until it is fully paid. The statute provides the legal framework for calculating this amount, including any applicable exceptions. The official source available at the legislature’s website contains the precise language of the rule. The worked example below demonstrates how the 6% figure is applied over time. To estimate the cost of delay in a specific case, the DocketMath calculator can perform the computation based on the relevant judgment details.

Governing authority

In Maine, the cost of delay rule is set by 14 M.R.S. § 1602-C. The verified packet cites 14 M.R.S. § 1602-C (https://legislature.maine.gov/statutes/14/title14sec1602.html).

Maine cost of delay: the verified value is 6% under 14 M.R.S. § 1602-C. The verified packet cites 14 M.R.S. § 1602-C (https://legislature.maine.gov/statutes/14/title14sec1602.html).

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.