New Prime Rate as of December 15, 2022

Posted By General
December 16, 2022 Category: Prime Rate

Effective December 15, 2022, the new Prime Rate is 7.5%, which means the presumptive rate per Administrative Order 17-02 is now 9.5%. For cases that are confirmed on or after December 15, 2022, and reference Administrative Order 17-02 for personal property secured claims, the rate to use is increased from 9% to