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.

Payment Plan Math in Mississippi

Mississippi law sets the maximum post-judgment interest rate at 8% per year under Miss. Code Ann. § 75-17-1. This rate applies to the total judgment amount, including any pre-judgment interest and costs awarded, from the date the judgment is entered until it is paid in full. The statute does not prescribe a specific formula for calculating the amount; rather, the rate is applied to the unpaid balance using simple interest. The worked example below demonstrates how the 8% rate is multiplied by the principal and time to compute the total interest due. For an estimate tailored to your judgment’s amount and date, use the DocketMath payment plan calculator.

Governing authority

In Mississippi, the payment plan math rule is set by Miss. Code Ann. § 75-17-1. The verified packet cites Miss. Code Ann. § 75-17-1 (https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r73/gov.ms.code.title.75.html).

Mississippi payment plan math: the verified value is 8% under Miss. Code Ann. § 75-17-1. The verified packet cites Miss. Code Ann. § 75-17-1 (https://unicourt.github.io/cic-code-ms/transforms/ms/ocms/r73/gov.ms.code.title.75.html).

Estimate your own result: every situation has exceptions that can change the outcome. Use the payment plan math 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.