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.

Offer Of Judgment Analyzer in South Carolina

Under South Carolina’s Offer of Judgment Act, an offeree who rejects a formal settlement offer and then fails to obtain a more favorable judgment must pay 8% interest on the judgment from the date of the offer. This rule, codified at S.C. Code Ann. § 15-35-400, applies when a party serves a written offer to settle a claim and the opposing party does not accept it. If the final judgment is not more favorable than the offer, the court adds the 8% interest to the judgment amount. The statute sets out the specific calculation and any exceptions. The worked example below demonstrates how this interest accumulates. Use DocketMath’s Offer of Judgment Analyzer to estimate the result based on your case details.

Governing authority

In South Carolina, the offer of judgment analyzer rule is set by S.C. Code Ann. § 15-35-400 (Offer of Judgment Act). The verified packet cites S.C. Code Ann. § 15-35-400 (Offer of Judgment Act) (https://www.scstatehouse.gov/code/t15c035.php).

South Carolina offer of judgment analyzer: the verified value is 8% under S.C. Code Ann. § 15-35-400 (Offer of Judgment Act). The verified packet cites S.C. Code Ann. § 15-35-400 (Offer of Judgment Act) (https://www.scstatehouse.gov/code/t15c035.php).

Estimate your own result: every situation has exceptions that can change the outcome. Use the offer of judgment analyzer 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.