Winning a money judgment is only half the fight. From the day it is entered, the unpaid balance keeps earning interest at a rate set by the statute of the state where you won, and a handful of states compound that interest every year instead of accruing it on the principal alone. Docket Interest does the math for you: pick your state, enter the judgment amount and date, and see the accrued interest and total due update as you type, computed with that state's real rate and its correct simple-or-compound rule. When you are ready to collect, one click turns the same numbers into a printable demand letter.
You need three things: the state's post-judgment interest rate, whether that state accrues simple or compound interest, and the number of days since the judgment was entered. Docket Interest ships the rate and method for every state, counts the days for you, and shows the running total and the per-diem (per-day) amount so you can check any date.
Yes. Each of the 50 states and the District of Columbia has its own entry with the governing statute, the current rate or rate formula, and whether interest is simple or compound. Rates that reset on a schedule (tied to a Treasury yield or the prime rate) are marked as variable with the date they were last verified, so you know which numbers to confirm before a filing.
The engine computes interest between any two dates at a given rate, so it can estimate prejudgment interest when your state uses the same statutory rate for both periods. Many states set prejudgment interest differently (by cause of action or accrual date), so treat a prejudgment figure as an estimate and confirm the applicable rule for your case.
It does. Small-claims and other small money judgments accrue post-judgment interest the same way larger ones do, under the same state statute. A few states set a lower rate for judgments under a dollar threshold; those carve-outs are noted in the rate description for the affected states.
Most states accrue simple interest on the original principal. The ones that compound annually, confirmed against statute or case law, are Colorado, Kentucky, Michigan, Oklahoma, South Carolina, and Texas. Docket Interest applies the correct method automatically once you pick the state.
Docket Interest is a calculation aid, not legal advice. Statutory rates change and can vary by judgment type. Confirm the rate against current law or with an attorney before relying on a number for a real filing.