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 Wisconsin

Under Wisconsin law, the statutory rate of interest on a judgment is set at 5% per year, as provided by Wis. Stat. § 138.04. This simple interest rate applies to the total amount of the judgment from the date it is entered until it is paid in full. The rule does not compound interest; rather, it calculates interest solely on the principal judgment amount. The statute establishes this fixed rate, and the official source at the Wisconsin Legislature’s website contains the exact statutory language. To determine the interest owed on a specific judgment, the calculator on this page applies the rate to the judgment amount over the relevant time period. Review the worked example below, then use the calculator to estimate your own result.

Governing authority

In Wisconsin, the impact rule is set by Wis. Stat. § 138.04. The verified packet cites Wis. Stat. § 138.04 (https://docs.legis.wisconsin.gov/statutes/statutes/134/IV/04).

Wisconsin impact: the verified value is 5% under Wis. Stat. § 138.04. The verified packet cites Wis. Stat. § 138.04 (https://docs.legis.wisconsin.gov/statutes/statutes/134/IV/04).

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.