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 Mississippi

In Mississippi, the cost of delay in a legal judgment is set at 8% per year under Miss. Code Ann. § 75-17-1. This statute governs the post-judgment interest rate applied to unpaid amounts from the date the judgment is entered until it is satisfied. The rate is fixed by law and does not fluctuate with market conditions. The official source, available at the referenced Mississippi Code section, contains the exact statutory language and any applicable exceptions or factors the court may consider. A step-by-step worked example below illustrates how this rate is applied to a judgment over time. To estimate the specific cost of delay for a particular case, use the DocketMath calculator.

Governing authority

In Mississippi, the cost of delay rule is set by Miss. Code Ann. § 75-17-1. The verified packet cites Miss. Code Ann. § 75-17-1 (https://code.mc.edu/sections/75-17-1/).

Mississippi cost of delay: the verified value is 8% under Miss. Code Ann. § 75-17-1. The verified packet cites Miss. Code Ann. § 75-17-1 (https://code.mc.edu/sections/75-17-1/).

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.