United States of America v. Ferguson

Filing 7

DEFAULT JUDGMENT in favor of United States of America against William M. Ferguson. Signed by Clerk of Court, Frank G. Johns on 6/20/2019. (maf)

IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
ASHEVILLE DIVISION
CASE NO. 1:19CV133
UNITED STATES OF AMERICA,
Plaintiff,
vs.
WILLIAM M. FERGUSON,
Defendant.

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DEFAULT JUDGMENT

UPON CONSIDERATION OF the plaintiff’s Motion for Default Judgment, and the entire
record,
IT IS HEREBY ORDERED that the plaintiff’s Motion for Default Judgment is
GRANTED;
IT IS FURTHER ORDERED that Judgment by Default is hereby entered against the
defendant for failure to answer and in favor of the plaintiff, the United States of America, against
the defendant in the principal amount of $39,150.25, with interest of $880.88 accrued as of
November 13, 2018, plus interest accruing daily after that date in the amount of $2.4134, together
with present and future costs and disbursements incurred by plaintiff in this action;
IT IS FURTHER ORDERED that interest after date of entry of this judgment shall be at
the applicable judgment rate;
IT IS FURTHER ORDERED that the plaintiff’s Security Agreement be foreclosed and that
all right, title, and interest of William M. Ferguson or any persons holding by, through, and under
him, including any equity or redemption or rights of power, and rights of any junior lienholders,
be forever barred in and to the property;
IT IS FURTHER ORDERED that the United States Marshals Service enter upon the land
of the defendant, or other location, to seize the collateral for the aforesaid loan;

IT IS FURTHER ORDERED that upon foreclosure and possession, the said property be
sold by the Marshals Service in any commercially reasonable manner, including using a broker to
assist in the sale of the property; and
IT IS FURTHER ORDERED that out of the proceeds of said sale, after payment of costs
associated with the sale, the plaintiff be paid the amount thereof on its claims above described.
SO ORDERED. This 20th day of June, 2019.

__________________
Frank G. Johns, Clerk