Prime Rate Increase
The prime interest rate increased to 4.25% on June 15, 2017. Click here for an earlier post on the topic of interest rates on secured claims, especially in the EDKY.
Category: interest rate
Recent Changes in Kentucky Law Affecting Prejudgment and Postjudgment Interest (revised)
NOTE: THIS IS A CORRECTED VERSION. Bankruptcy practitioners need to know about recent changes in Kentucky law affecting: (1) a creditor’s right to prejudgment interest; and (2) the statutory rate of postjudgment interest.
Recent Changes in Kentucky Law Affecting Prejudgment and Postjudgment Interest
Bankruptcy practitioners need to know about recent changes in Kentucky law affecting: (1) a creditor’s right to prejudgment interest; and (2) the statutory rate of postjudgment interest.
Interest Rates on Secured Claims in Chapter 13 Cases in the EDKY
The prime rate of interest increased a quarter of a point to 4% effective March 16, 2017. Read on for information on how this affects chapter 13 plans in the EDKY, and what other interest rates are applicable to secured claims.
