The Court ordered Douglas to pay post-judgment interest at the statutory rate of 10.74% from the date of the entry of the 1983 judgment.

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When trying on an idea like this it is better to suspend judgment on the necessary rate.

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With a weak recovery to start 2013, "Fitch has not revised its previous judgment that the potential annual growth rate of the UK economy is around 2.25 percent, " the statement said.

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The kicker is that a confession of judgment typically includes a paragraph that introduces an escalated interest rate from the date of default.

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