Arrears · NRS 125B.140 / 99.040
Arrears judgment schedule
Each installment’s shortfall, statutory simple interest from its due date (prime + 2%, reset each January and July), and the pre-2020 penalty where it still applies - every figure cited, ready to print as a court exhibit or export. Open the client’s matter, append the payments since the last hearing, and recalculate.
Every rate is cited to primary law - see the statutory interest-rate authority (NRS 99.040 / 17.130 / 125B.140, the pre-1987 flat rates and their session laws, and the simple-interest rule of Torres v. Goodyear).
What it produces
The schedule the statute actually describes
An arrearage figure is only as good as its weakest assumption - a flat rate where the statute resets, a penalty carried past its repeal, payments applied however the spreadsheet happened to be built. This schedule computes what NRS 125B.140 and 99.040 require, installment by installment, and shows its work on every line, whether you are establishing the judgment or auditing the one served on your client.
Per-installment interest, correctly segmented
NRS 125B.140 · 99.040 · Torres v. Goodyear
Each unpaid installment becomes a judgment by operation of law and bears interest from its own due date at the statutory rate - prime + 2%, reset every January 1 and July 1. The engine segments every accrual span at each half-year boundary and keeps the interest simple, per Torres v. Goodyear, 130 Nev. 22 (2014): the rate resets, the interest never compounds.
The pre-2020 penalty, and only the pre-2020 penalty
Former NRS 125B.095 · AB 278 (2017)
The 10% per-annum-or-portion penalty on delinquent installments was repealed effective February 1, 2020. Penalties that accrued before repeal remain due and enforceable; nothing accrues after, even under orders that recite the penalty. The engine applies exactly that line - a distinction that changes older arrearages by thousands of dollars.
Payment allocation as an election, not an assumption
Foster v. Marshman · Biel v. Godwin
Undesignated payments apply to the oldest debt first - Foster v. Marshman, 96 Nev. 475 (1980). Whether a payment retires principal or interest first is unsettled in Nevada for support arrears, so the tool states the point and lets you elect: principal-first by default, interest-first if you choose it. The election is printed with the schedule.
A schedule you can file
Exhibit print · XLSX / CSV / DOCX / XML
One click prints a court-exhibit schedule - installments, payments, interest, penalty, and totals, with the governing rate table appended and every rate cited to its source. The same schedule exports to XLSX, CSV, DOCX, or XML for your motion, your expert, or opposing counsel.
Workflow
From the order to the exhibit
- 01
Open the client's matter
Matters are encrypted in your browser and stored as ciphertext the server cannot read. Open the matter and the order terms, payment history, and elections come back exactly as you left them at the last hearing.
- 02
Enter the order terms
The monthly amount and its period - including modifications, so a schedule that steps from $800 to $1,200 mid-history computes each installment under the order then in force.
- 03
Record the payments
Every payment on the date it was made. The engine applies them oldest-first under Foster and carries the running balances installment by installment.
- 04
Recalculate, print, export
Set the as-of date, read the totals - principal, interest, penalty where it lawfully attached - then print the exhibit or export the file. Next hearing, append the new payments and run it again.
Why trust it
Cited, current, and disclosed
The rate table is maintained from the Financial Institutions Division’s published prime-rate series and refreshed at each half-year reset; the engine refuses to extrapolate past the latest published rate. Every legal rule it applies - the prime + 2% rate, the simple-interest command of Torres, the Foster allocation, the February 1, 2020 penalty repeal - is cited on the output, and every assumption the law leaves open is presented as your election rather than decided silently. The figure you file is one you can defend line by line.
Questions
What attorneys ask
- Does the 10% penalty still accrue?
- No. Former NRS 125B.095 was repealed effective February 1, 2020, by AB 278 (2017). Penalties that accrued before that date remain due and enforceable, but nothing accrues on or after it - even where the underlying order recites the penalty. The schedule applies the penalty only to installments and periods where it lawfully attached, and shows that computation separately from interest.
- Is the interest compounded?
- No. Under Torres v. Goodyear, 130 Nev. 22 (2014), only the rate resets each January and July; interest is always computed on principal, never on accrued interest. A schedule that compounds Nevada statutory interest overstates the judgment.
- How are partial payments applied?
- Oldest debt first, per Foster v. Marshman, 96 Nev. 475 (1980), following Biel v. Godwin. Whether payments retire principal or interest first is not settled by Nevada statute or published decision for support arrears, so the tool presents it as an express election - principal-first by default - and discloses the choice on the schedule instead of burying it.
- Can I reuse the schedule at the next hearing?
- Yes. Save the case as a client matter - encrypted in your browser before it is stored, so the server holds only ciphertext - then reopen it, append the payments made since, and recalculate. The order terms, elections, and history carry forward.
F-Law provides informational tools, not legal advice, and creates no attorney-client relationship. The schedule computes statutory interest and the historical penalty from your inputs; the judgment itself is for the court. Authorities: NRS 125B.140, 99.040, 17.130; former NRS 125B.095 (repealed eff. Feb. 1, 2020); Torres v. Goodyear; Foster v. Marshman.