1. What is Federal Post Judgment Interest?

Federal post-judgment interest is the interest that accrues on a money judgment from the date of entry until the judgment is paid. The rate is based on the weekly 1-year Treasury yield and is compounded annually.

2. How Does the Calculator Work?

The calculator uses the federal post-judgment interest formula:

Where:

• \( Principal \) — Original judgment amount in USD
• \( Rate \) — Weekly 1-year Treasury yield rate (as decimal)
• \( Days \) — Number of days since judgment

Explanation: The formula calculates simple interest based on the principal amount, current Treasury rate, and time elapsed since judgment.

3. Importance of Accurate Calculation

Details: Accurate interest calculation ensures creditors receive full compensation for delayed payment and debtors pay only what's legally required.

4. Using the Calculator

Tips: Enter the original judgment amount in USD, current Treasury yield rate as decimal (e.g., 0.025 for 2.5%), and number of days since judgment. All values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Where do I find the current Treasury yield rate?
A: The rate is published weekly by the Federal Reserve and can be found on TreasuryDirect.gov or Federal Reserve websites.

Q2: How often does the interest compound?
A: Federal post-judgment interest compounds annually under 28 U.S.C. § 1961.

Q3: Does this apply to all federal judgments?
A: This applies to money judgments in civil cases in federal courts. Certain judgments may have different rules.

Q4: What if the rate changes during the period?
A: The rate is fixed at the time of judgment and doesn't change with subsequent rate fluctuations.

Q5: Are there state-specific variations?
A: Yes, state court judgments may use different rates and calculation methods. Check local rules.