Vermont Prejudgment Interest Rate on Civil Judgments Set at 12%
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.
Vermont Prejudgment Interest Rate on Civil Judgments Set at 12%
Vermont’s prejudgment interest rate on civil judgments is set by statute at 12% per year. This rate is established under Vt. Stat. Ann. tit. 9, § 41a, which governs how interest accrues on damages from the date the cause of action arises through the date of judgment. The statute applies automatically in most civil cases, though it does not cover all claim types and provides certain exceptions. The interest is calculated on the full amount of compensatory damages awarded. The worked example below illustrates how the 12% rate is applied over time. For a precise estimate tied to your specific dates and damages, use the DocketMath calculator.
Governing authority
In Vermont, the impact rule is set by Vt. Stat. Ann. tit. 9, § 41a. The verified packet cites Vt. Stat. Ann. tit. 9, § 41a (https://legislature.vermont.gov/statutes/section/09/041a).
Vermont impact: the verified value is 12% under Vt. Stat. Ann. tit. 9, § 41a. The verified packet cites Vt. Stat. Ann. tit. 9, § 41a (https://legislature.vermont.gov/statutes/section/09/041a).
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.
Run the numbers for your matter against the verified rule for this jurisdiction.
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