HICA Education Loan Corporation v. Clark

Filing 16

ORDER that plaintiff should be awarded judgment from and against defendant in the amount of $5,351.81, with additional prejudgment interest from February 7, 2013, to the date of this courts prior order granting default judgment 13 at the rate of $0.31 per day. FURTHER ORDERED that this judgment shall bear interest from the date of the prior judgment 13 until it is paid at a variable rate calculated by the Secretary of the Department of Health and Human Services for each calendar q uarter and computed by determining the average of the bond equivalent rates for the ninety-one day U.S. Treasury bills auctioned during the proceeding quarter, plus 3.0 percent, rounding this figure up to the nearest one-eighth of one percent. FURTHER ORDERED that plaintiff shall prepare an appropriate judgment. Signed by Judge James C. Mahan on 4/12/13. (Copies have been distributed pursuant to the NEF - MMM)

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UNITED STATES DISTRICT COURT
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DISTRICT OF NEVADA
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HICA EDUCATION LOAN
CORPORATION,

2:12-CV-1723 JCM (PAL)

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Plaintiff(s),

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v.

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JOHN H. CLARK III,

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Defendant(s).

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ORDER
Presently before the court is the matter of HICA Education Loan Corporation v. Clark. This
court has already granted default judgment in favor of plaintiff. (See doc. # 13).1

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Plaintiff is seeking to collect on defaulted student loans. Plaintiff has offered authenticated

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exhibits of the outstanding amount of defendant Clark’s student loans. Upon review of the entire

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record, the court finds that plaintiff is awarded judgment against defendant Clark in the amount of

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$5,351.81, with additional prejudgment and post-judgment interest.

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Accordingly,

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IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that plaintiff should be

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awarded judgment from and against defendant in the amount of $5,351.81, with additional

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prejudgment interest from February 7, 2013, to the date of this court’s prior order granting default

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judgment (doc. # 13) at the rate of $0.31 per day.

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James C. Mahan
U.S. District Judge

This court granted default on March 25, 2013.

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IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this judgment shall bear

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interest from the date of the prior judgment (doc. # 13) until it is paid at a variable rate calculated

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by the Secretary of the Department of Health and Human Services for each calendar quarter and

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computed by determining the average of the bond equivalent rates for the ninety-one day U.S.

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Treasury bills auctioned during the proceeding quarter, plus 3.0 percent, rounding this figure up to

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the nearest one-eighth of one percent.

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IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that plaintiff shall prepare an
appropriate judgment.
DATED April 12, 2013.

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UNITED STATES DISTRICT JUDGE
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James C. Mahan
U.S. District Judge

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