In a dispute arising from four leases and one rental agreement, the court determined the defendant's indebtedness after rejecting the plaintiff's calculations of buyout provisions and administrative fees and disallowing insurance charges where the defendant had proven coverage.
The court accepted the defendant's calculation of outstanding indebtedness subject to a further deduction for improper insurance charges, resulting in a net amount owing of $42,101.47.
On prejudgment interest, the court selected the date of the last payment as the date of default and enforced the contractual interest rate of 24% per annum.
Funds previously paid into court were ordered released to the plaintiff and credited against the amount owing.
