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 Pennsylvania

In Pennsylvania, reverse interest is calculated at a rate of 6% per year under 41 P.S. § 201 and 42 Pa.C.S. § 8101. This rate applies when a court awards interest on a judgment or verdict, often running from the date the payment was originally due rather than from the date of the judgment. The statute sets the legal rate for such post-judgment or prejudgment interest, with the specific calculation depending on the principal amount and the time period involved. A verified example below illustrates how the 6% figure is applied. For an estimate of reverse interest in a particular case, the DocketMath calculator can compute the result using the official rate and relevant dates.

Governing authority

In Pennsylvania, the reverse interest rule is set by 41 P.S. § 201; 42 Pa.C.S. § 8101. The verified packet cites 41 P.S. § 201; 42 Pa.C.S. § 8101 (https://codes.findlaw.com/pa/title-41-ps-interest/pa-st-sect-41-201/).

Pennsylvania reverse interest: the verified value is 6% under 41 P.S. § 201; 42 Pa.C.S. § 8101. The verified packet cites 41 P.S. § 201; 42 Pa.C.S. § 8101 (https://codes.findlaw.com/pa/title-41-ps-interest/pa-st-sect-41-201/).

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.