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 Oregon

In Oregon, the statutory rate for prejudgment interest on a civil judgment is set at 9% per year under Or. Rev. Stat. § 82.010. This rate applies to obligations or damages that are fixed or readily ascertainable before judgment, unless a different rate is agreed upon in writing. The statute calculates interest from the date the amount becomes due, using simple interest on the principal. The official source provides the exact text of the rule, including any factors or exceptions that may apply. A worked example below demonstrates how the 9% rate is applied over a given period. To estimate the interest on a specific claim, use the calculator.

Governing authority

In Oregon, the cost of delay rule is set by Or. Rev. Stat. § 82.010. The verified packet cites Or. Rev. Stat. § 82.010 (https://www.oregonlegislature.gov/bills_laws/ors/ors082.html).

Oregon cost of delay: the verified value is 9% under Or. Rev. Stat. § 82.010. The verified packet cites Or. Rev. Stat. § 82.010 (https://www.oregonlegislature.gov/bills_laws/ors/ors082.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.