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 Wyoming

In Wyoming, the statutory rate for prejudgment interest on a money judgment is 10% per year under Wyo. Stat. Ann. § 1-16-102(a). This rule applies to any judgment for a specified sum of money, and the interest accrues from the date the cause of action arose or from the date the amount became due, as determined by the court. The statute does not allow a party to choose a different rate; the 10% figure is fixed by law. The official source at https://wyoleg.gov/statutes/compress/title01.pdf contains the full text, including any applicable exceptions or procedural requirements. A worked example below demonstrates how the 10% rate is applied to a principal amount over a specific time period. Use the DocketMath calculator to estimate the reverse interest for your own case.

Governing authority

In Wyoming, the reverse interest rule is set by Wyo. Stat. Ann. § 1-16-102(a). The verified packet cites Wyo. Stat. Ann. § 1-16-102(a) (https://wyoleg.gov/statutes/compress/title01.pdf).

Wyoming reverse interest: the verified value is 10% under Wyo. Stat. Ann. § 1-16-102(a). The verified packet cites Wyo. Stat. Ann. § 1-16-102(a) (https://wyoleg.gov/statutes/compress/title01.pdf).

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.