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.

Impact in Massachusetts

In Massachusetts, the statutory interest rate on civil judgments is 12% per year. This rate is set by Mass. Gen. Laws ch. 231, § 6B for tort actions and § 6C for contract actions. The interest accrues from the date the cause of action arose until the entry of judgment, at which point post-judgment interest also runs at the same rate. The statute defines the starting point and any applicable exceptions, which are detailed in the official source linked below. The worked example shows how this rate is applied over a given period. Use the calculator to estimate the interest that may apply to a specific judgment.

Governing authority

In Massachusetts, the impact rule is set by Mass. Gen. Laws ch. 231, § 6B (tort) / § 6C (contract). The verified packet cites Mass. Gen. Laws ch. 231, § 6B (tort) / § 6C (contract) (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231/Section6B).

Massachusetts impact: the verified value is 12% under Mass. Gen. Laws ch. 231, § 6B (tort) / § 6C (contract). The verified packet cites Mass. Gen. Laws ch. 231, § 6B (tort) / § 6C (contract) (https://malegislature.gov/Laws/GeneralLaws/PartIII/TitleII/Chapter231/Section6B).

Estimate your own result: every situation has exceptions that can change the outcome. Use the impact 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.