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Margill Law Edition
Interest Calculator for
Law Professionals
April 16, 2008 - Margill Law Edition
was launched officially. See Press
release.
The choice of
thousands
- Attorneys and large, medium and small law firms
- Courts of justice and Judges
- Bailiffs and Sheriff's office
- Bars / Law Societies
- Law departments - Cities and towns
- Law departments - SMEs and large corporations
- Law departments - government and government agencies
- Insurance companies
- Trade unions
- Forensic accountants
- Paralegals
- Escrow agents - Trustees
- Collection services (judgments, and debt claims and accounts
receivable)
- See also Accounting, Finance,
Real Estate, Collection
| The
International
Bar Association (IBA) and Jurismedia are proud to announce
their partnership in order to provide its members with Margill,
the leading interest calculation solution for law professionals.
Full
story... |
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Types of law
- Civil litigation
- Labor
- Commercial
- Insurance
- Family
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- Banking
- Real estate
- Mergers & Acquisitions
- Investment
- Tax
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Common law-related calculations
- Pre judgment and post judgment interest for all US states, Canadian
provinces and European countries (150 interest tables and rates)
- Partial payments pre and post judgment
- USA specifically: Civil judgements governed by 28 U.S.C. 1961,
Civil judgements relating to awards of just compensation in condemnation
proceedings settled under 40 U.S.C. 258a.
- Simple interest or compound interest between two dates
- Collection of judgments / debt claims and accounts receivable
- Unpaid or late rent, salaries and alimony - possible to index
these amounts as required
- Interest payable from an escrow (trust) account (with regular
and irregular deposits)
- Lump sum or structured settlement hypotheses over time for judgments
(quantum)(present value)
- Today value of an historic judgment (indexation)
- Mortgage and loan calculations (regular and irregular payments
at fixed or variable interest rates)
- 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)
Real
life examples of various calculations
Click to see Margill examples:
Multiple variable interest rate
tables and indexation tables included - OR create your own
- All variable interest rates can be incremented (or reduced)
by x% as of any date
For example, variable legal rate + 2,5% starting November 15,
2006.
Statutory (judicial, legal, pre-judgment, post-judgment) interest
rate tables
Click here to see
all interest tables available in Margill
| United States: |
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Federal Post Judgment interest rates
(28 U.S.C. 1961, 40 U.S.C. 258a.) Internal
Revenue Service (IRS) tax over and under payments |
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All US states and territories - pre
judgment and post judgment rates |
| Canada: |
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Canada Revenue Agency (CRA) tax
over and under payments |
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All Canadian provinces and territories - pre
judgment and post judgment rates |
| Australia: |
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Australian Taxation Office (ATO)
Late tax payments |
| France: |
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Legal interest Rates for
late payments (Legal interest x 1.5) |
| Belgium: |
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Legal interest |
| Luxembourg: |
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Legal interest |
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Central Bank interest tables
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)
Standards-based
- 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)
- Actuarial rule (Normal amortization), Fixed capital and Interest
only
- 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
Highly
specialized features
(for total accuracy in Amortization)
| Fully exploit the power
of Margill!
Once the amortization schedule is calculated,
use the right
mouse click to create totally custom payment schedules:
interest only, fixed principal, irregular payment amounts
and dates, lump sum, missed and extra payments, variable interest
rates, new principal, etc.
TOTAL flexibility available ONLY in Margill |
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