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 West Virginia

In West Virginia, post-judgment interest accrues at 6% per year under W. Va. Code § 56-6-31. This statutory rate applies to the total amount of a money judgment, including any awarded costs, from the date the judgment is entered until it is satisfied. The interest is simple interest, not compounded, meaning it is calculated solely on the principal judgment amount. The statute sets out the rate and the method for its application, but does not list additional factors or exceptions here; the official source provides the exact detail. A worked example below illustrates how the 6% rate is applied to a judgment balance over time. To estimate interest on a specific judgment, users should consult the DocketMath calculator.

Governing authority

In West Virginia, the impact rule is set by W. Va. Code § 56-6-31. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

West Virginia impact: the verified value is 6% under W. Va. Code § 56-6-31. The verified packet cites W. Va. Code § 56-6-31 (https://code.wvlegislature.gov/56-6-31/).

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.