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 Oregon

In Oregon, the statutory interest rate on judgments and decrees is set at 9% per year under Or. Rev. Stat. § 82.010. This rate applies automatically to money judgments entered by Oregon courts, accruing from the date of entry until the judgment is satisfied. The statute does not permit a lower rate by agreement, though it provides specific exceptions for certain contract terms or preexisting obligations. The calculation is straightforward: the unpaid principal balance accrues simple interest at the annual rate. A worked example below demonstrates how this rate applies to a judgment over time. To estimate the interest on a specific judgment, use the DocketMath calculator with your case details.

Governing authority

In Oregon, the impact rule is set by Or. Rev. Stat. § 82.010. The verified packet cites Or. Rev. Stat. § 82.010 (https://oregon.public.law/statutes/ors_82.010).

Oregon impact: the verified value is 9% under Or. Rev. Stat. § 82.010. The verified packet cites Or. Rev. Stat. § 82.010 (https://oregon.public.law/statutes/ors_82.010).

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.