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 Michigan

In Michigan, the reverse interest rate on judgments is set at 6% per year under MCL 600.6013. This statute governs how interest accrues on a judgment in favor of the plaintiff, including on amounts that may be reversed or modified on appeal. The law provides that interest is calculated from the date the complaint was filed to the date of satisfaction, with specific provisions for when a judgment is partially reversed or vacated. The statute outlines the applicable rate and any adjustments, but the exact formula and exceptions are detailed in the official source. The calculator below applies this rule to estimate reverse interest based on the judgment amount and relevant dates.

Governing authority

In Michigan, the reverse interest rule is set by MCL 600.6013. The verified packet cites MCL 600.6013 (https://legislature.mi.gov/doc.aspx?mcl-600-6013).

Michigan reverse interest: the verified value is 6% under MCL 600.6013. The verified packet cites MCL 600.6013 (https://legislature.mi.gov/doc.aspx?mcl-600-6013).

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.