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 Rhode Island

In Rhode Island, post-judgment interest on a money judgment accrues at a rate of 12% per year under R.I. Gen. Laws § 9-21-10. This statutory rate applies automatically from the date the judgment is entered until it is fully satisfied. The interest is calculated on the total amount of the judgment, including any costs and attorney’s fees awarded, but does not compound. The official source for the current rate and any applicable exceptions is the legislative text linked below. For a precise estimate of how this fixed rate applies to a specific judgment amount and date, the calculator on this page computes the total interest owed according to the statute.

Governing authority

In Rhode Island, the impact rule is set by R.I. Gen. Laws § 9-21-10. The verified packet cites R.I. Gen. Laws § 9-21-10 (http://webserver.rilegislature.gov/BillText/BillText20/HouseText20/H7500B.pdf).

Rhode Island impact: the verified value is 12% under R.I. Gen. Laws § 9-21-10. The verified packet cites R.I. Gen. Laws § 9-21-10 (http://webserver.rilegislature.gov/BillText/BillText20/HouseText20/H7500B.pdf).

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.