The Saipan Tribune erroneously reported in a previous article that Express Financial filed a lawsuit against Albert Moolang in pursuant of a loan, but it was actually Financial and Insurance Services Group, Inc. that filed the complaint. <\/p>\n
In the corrected article, Financial and Insurance Services Group, Inc. was granted partial judgement in its favor in the sum of $1068.43 following a complaint that was filed with the Superior Court in March. <\/p>\n
Moolang failed to appear before the court to plead or defend himself so the court entered a default judgement in favor of Financial and Insurance Services Group, Inc. <\/p>\n
According to the order, the court granted FISG\u2019s requests for the principal sum due of $843.43 and the filing cost of $225. The court also granted post judgement interest of 9-percent per annum. <\/p>\n
However, the court denied FISG\u2019s request for late fees worth $50, attorneys fees, and also denied the request for pre-judgement interest of 24-percent per annum worth $89.84. <\/p>\n
The court found that Moolang did breach his contract with FISG because he failed to pay off a loan of $4,004.45 that he borrowed back in 2015. The principal amount still remaining was $843.43, that the court granted a judgement for in favor of FISG. <\/p>\n
The court, however had to deny some of FISG\u2019s other requests because the evidence provided was not sufficient to warrant judgement in their favor.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Saipan Tribune erroneously reported in a previous article that Express Financial filed a lawsuit…<\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-300645","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/300645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=300645"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/300645\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=300645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=300645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=300645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}