Till Rate

The Till Rate, or Trustee's rate, is a presumptive interest rate used in chapter 13 cases paying off secured debts over the life of the chapter 13 plan. The rate takes its name from the Supreme Court case Till v. SCS Credit Corp., which affirmed the notion that interest in chapter 13 was combination of a risk factor and the prime rate. Currently, as of 2014, the Till Rate in Raleigh NC is 5.25%.

Trustee's Rate

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