Wall Street Journal Prime Rate as of 3/17/2022

The current Wall Street Journal Prime Rate

3/17/2022:      3.50%

This is used in calculating the In Re Till interest rate on secured debts in a chapter 13 bankruptcy plan.    That case stated that secured creditors are allowed interest on their claims at the Prime rate, plus a risk factor of +1 to +3 percentage points, based on the individual facts in the case.   

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Terrance Leeders

Chicago Bankruptcy Attorney, husband, father, Cubs fan.

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