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.

Reverse Interest in Arkansas

In Arkansas, the statutory rate for prejudgment and post-judgment interest on a civil judgment is 6% per year. This rate is established by Arkansas Constitution Amendment 89 and codified at Ark. Code Ann. § 16-65-114. The rate applies automatically to the principal amount of the judgment from the date it is entered, unless a different contractual rate is specified in the underlying agreement. The interest accrues daily until the judgment is satisfied. The official source at arkleg.state.ar.us provides the exact text of the governing statutes. The worked example below demonstrates how the interest accumulates over time. To estimate the total interest on a specific judgment amount, use the DocketMath calculator.

Governing authority

In Arkansas, the reverse interest rule is set by Ark. Const. amend. 89; Ark. Code Ann. § 16-65-114. The verified packet cites Ark. Const. amend. 89; Ark. Code Ann. § 16-65-114 (https://arkleg.state.ar.us/).

Arkansas reverse interest: the verified value is 6% under Ark. Const. amend. 89; Ark. Code Ann. § 16-65-114. The verified packet cites Ark. Const. amend. 89; Ark. Code Ann. § 16-65-114 (https://arkleg.state.ar.us/).

Estimate your own result: every situation has exceptions that can change the outcome. Use the reverse interest 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.