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Category: Prime Rate Effective August 19

New Prime Rate effective August 19, 2019

By General
September 23, 2019 Category: Prime Rate Effective August 19, 2019

Effective August 19, 2019, the new Prime Rate is 5.0%, which means the presumptive rate per Administrative Order 17-02 is now 7.0%. For cases that are confirmed on or after August 19, 2019 and reference Administrative Order 17-02 for personal property secured claims, the rate to use is decreased from 7.25% to 7.0%.

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