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 Georgia

In Georgia, reverse interest applies to certain judgments under O.C.G.A. § 7-4-12 and § 7-4-2 when the defendant pays the judgment before the plaintiff's appeal is resolved, allowing the defendant to recover interest on the amount paid. The statutory rate is 7%, set by § 7-4-2. Section 51-12-14 provides the broader context for prejudgment and post-judgment interest in tort actions. The rule governs how interest accrues on money paid in satisfaction of a judgment that is later reversed or modified on appeal. The official source at Justia details the specific calculation method and any applicable exceptions. To estimate reverse interest in a specific case, use the DocketMath calculator with the relevant dates and amounts.

Governing authority

In Georgia, the reverse interest rule is set by O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14. The verified packet cites O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14 (https://law.justia.com/codes/georgia/title-7/chapter-4/).

Georgia reverse interest: the verified value is 7% under O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14. The verified packet cites O.C.G.A. § 7-4-12, § 7-4-2, § 51-12-14 (https://law.justia.com/codes/georgia/title-7/chapter-4/).

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.