Workflow
Overview
CaseMark's Interest Calculation Reference automates the complex process of calculating and validating pre-petition interest for bankruptcy creditor proofs of claim. It applies the correct rate source hierarchy, day-count conventions, and charge inclusion rules to produce a comprehensive interest worksheet with full validation checks. Whether you're drafting, auditing, or objecting to claim filings, this skill ensures mathematical precision and procedural compliance.
Calculating pre-petition interest for bankruptcy proofs of claim is a painstaking, error-prone process. Attorneys and paralegals must manually identify the correct rate source, determine the proper day-count convention, compute accrual days, validate fee inclusions, and cross-check every figure—often across multiple complex loan documents and payment histories. A single miscalculation can result in claim objections, reduced recoveries, or sanctions.
CaseMark automates the entire pre-petition interest calculation workflow, from rate source determination to final claim validation. The AI extracts key data points from your loan documents and payment histories, applies the correct formulas and day-count methods, evaluates charge inclusions, and produces a court-ready interest worksheet with a built-in validation checklist—reducing hours of manual work to minutes.