Interest Calculator for Law Professionals. Features a new unique collection module including court fees, prejudgment interest, postjudgment interest and other fees.

• lawyers,
• judges,
• judgment collection agencies,
• law departments,
• governments,
• insurance companies
• and trade unions in 28 countries.

• Civil litigation
• Labor
• Commercial
• Insurance
• Family
• Banking
• Real estate
• Mergers & Acquisitions
• Investment
• Tax

• Simple interest or compound interest between two dates
• Pre judgment and post judgment interest calculation for all US states, Canadian provinces and European countries (over 150 interest tables and rates automatically updated on your system)
• Collection of judgments including precomputed prejudgment interest, court fees and other fees bearing interest or not. Predefined refund order (interest, fees, prejudgment interest, other fees and principal)Collection of debt claims and accounts receivable
• Unpaid or late rent, salaries and alimony - possible to index these amounts as required
• Lump sum or structured settlement hypotheses over time for judgments (quantum)(present value)
• Today value of an old judgment award
• Interest payable from an escrow (trust) account (with regular and irregular deposits)
• Mortgage and loan calculations (regular and irregular payments at fixed or variable interest rates)
• USA specifically: Civil judgment governed by 28 U.S.C. 1961, Civil judgment relating to awards of just compensation in condemnation proceedings settled under 40 U.S.C. 258a.
• Calculation of the unknown interest rate applicable to a loan with regular and irregular refunds (determination of the contractual rate or usurious (criminal) interest rate)

United States:

• Federal Post Judgment interest rates (28 U.S.C. 1961, 40 U.S.C. 258a.)
• Internal Revenue Service (IRS) tax over and under payments
• All US states and territories - pre judgment and post judgment rates
• Federal Reserve Rates

Canada:

• Canada Revenue Agency (CRA) tax over and under payments
• All Canadian provinces and territories - pre judgment and post judgment rates
• Bank of Canada and major bank Prime rates

• Australian Taxation Office (ATO) Late tax payments

• Legal interest
• Rates for late payments (Legal interest x 1.5)

Belgium:

• Legal interest

Luxembourg:

• Legal interest

• US Federal Reserve, Bank of Canada, Bank of England, European Central Bank, Australia, South Africa, Hong Kong...

Indexation tables

• Inflation rates for various countries USA, Canada, Great Britain, Australia, France, Switzerland, Belgium, Luxembourg
• Stock market indices (annual returns)
• Alimony indexation tables (Quebec)

• International standards and recognized principles for the calculation of interest (Americas, Europe, Asia, Australia, Africa)
• United States banking rules (Regulation Z, Truth in Lending Act)
• European Community rules (Directive 98/7/CE)
• Canadian rules
• Day count conventions : Actual/actual (also known as Actual/365), 30/360, Actual/360, Actual/365(Fixed)
• Effective rate method (Normal compound interest amortization), Capitalized Simple interest (very often mandatory in Law), Simple interest
• Simple and Compound interest
• Unique (fixed) or variable interest rates
• 4 decimal point accuracy
• Multi-currency
• Printed reports that include quarterly and /or annual and choice of the financial year-end
• Export of the data to Excel,Word, XML, RTF