Judgment Calculator
See what your judgment is worth today, including accrued statutory interest.
If awarded, it's added to the principal and accrues interest.
How this works: Maryland judgments accrue simple interest at 10% per year, except residential rent judgments, which accrue at 6%. Interest is calculated on the principal from the judgment date forward. Under Maryland law, payments are credited first to accrued interest, then to principal, and finally to attorney's fees and costs assessed in the case.
This calculator provides a good-faith estimate for informational purposes only and assumes no payments have been received. It is not legal advice. Actual amounts owed may vary based on partial payments, post-judgment costs, and court rulings. For an exact figure on your judgment, contact JP Jensen Collections, LLC.
How Maryland Judgment Interest Works
Winning a judgment is only the beginning. From the day a judgment is entered, it begins accruing interest, so the amount you can actually collect grows the longer it goes unpaid. Maryland sets that rate by statute: most money judgments accrue simple interest at 10% per year, while residential rent judgments accrue at 6%. This calculator applies the correct rate, counts the days since your judgment date, and adds any filing or attorney fees to show your total collectable amount.
Why Old Judgments Are Often Worth More Than You Think
Because interest keeps accruing for as long as a judgment is unpaid, judgments that are several years old can be worth substantially more than the original award. A Maryland judgment is enforceable for 12 years and can be renewed, so it is rarely too late to collect. If you have written off an old judgment, it may be worth more than you realize, see four reasons not to give up on older judgments. Once you know what you are owed, our wage and bank garnishment services are one of the most effective ways to actually collect it.
Frequently Asked Questions
Know What You're Owed?
Whether you want to collect it or sell your judgment for cash, JP Jensen Collections can help. Contact us for a free consultation.