United States of Amercia v. Tibbs

Filing 8

ORDER granting 7 Motion for Entry of Judgment. Signed by Frank G. Johns on 10/25/11. (chh)

IN THE UNITED STATES DISTRICT COURT
FOR THE WESTERN DISTRICT OF NORTH CAROLINA
CHARLOTTE DIVISION
UNITED STATES OF AMERICA,
Plaintiff,
v.
NATHAN A. TIBBS, JR.,
Defendant.

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CIVIL NO. DNCW311CV000416
(Financial Litigation Unit)

DEFAULT JUDGMENT
A default having been entered against the defendant and counsel for the plaintiff having requested
judgment by default against the defendant and having filed a proper declaration all in accordance with Rule
55(a) and (b)(1) of the Federal Rules of Civil Procedure;
Judgment by default is rendered in favor of the plaintiff, the United States of America, and against
the defendant, Nathan A. Tibbs, Jr., in the total amount of $102,854.35 as of June 20, 2011, which includes
the principal amount of $86,676.34, plus 8% pre-judgment interest accrued pursuant to the terms of the
complaint, said interest totaling $16,178.01 as of June 20, 2011, and continuing to accrue until date of
judgment herein at the rate of 8% per annum; together with interest to accrue from the date of this judgment
at the determined Treasury post-judgment interest rate computed daily and compounded annually, and costs
in the sum of $350.00, and all future costs. The plaintiff will submit this debt to the Treasury for inclusion
in the Treasury Offset Program. Under this program, any federal payment the defendant would normally
receive may be offset and applied to this debt.
Signed: October 25, 2011