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 Missouri

In Missouri, the statutory interest rate on a money judgment is set at 9% per year under Mo. Rev. Stat. § 408.020. This rate applies automatically to most civil judgments once they are entered by a court. The statute does not require a party to request or negotiate this rate; it is fixed by law. The interest accrues from the date the judgment is entered until the judgment is paid in full. The official source, available at the link above, provides the exact statutory language and any applicable exceptions. For a precise calculation of how much interest has accumulated on a specific judgment, the DocketMath calculator computes the total based on the judgment amount, the 9% rate, and the time elapsed.

Governing authority

In Missouri, the impact rule is set by Mo. Rev. Stat. § 408.020. The verified packet cites Mo. Rev. Stat. § 408.020 (https://revisor.mo.gov/main/OneSection.aspx?section=408.020&bid=31811).

Missouri impact: the verified value is 9% under Mo. Rev. Stat. § 408.020. The verified packet cites Mo. Rev. Stat. § 408.020 (https://revisor.mo.gov/main/OneSection.aspx?section=408.020&bid=31811).

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.