Opinion
Civil Action 3:22-CV-00137-DMB-JMV
08-30-2022
SAMUH1 D. WRIGHT Assistant United States Attorney Attorney for Plaintiff United Sta tes of America
SAMUH1 D. WRIGHT
Assistant United States Attorney
Attorney for Plaintiff United Sta tes of America
CONSENT JUDGMENT
DEBRA M. BROWN, CHIEF UNITED STATES DISTRICT JUDGE
This consent judgment is entered into between the United States of America, acting through the United States Department of Justice and on behalf of the United States Small Business Administration (“SBA”) (collectively the “United States”), and Gazel Giles d/b/a Academic Aid for Success, LLC, Defendants. The parties stipulate and consent to the entry of judgment in favor of the United States of America against Defendants, Gazel Giles and Academic Aid for Success, LLC, on the basis of unjust enrichment in the sum of $46,866.33 ($41,466.33 loan amounts, $5,000.00 in loan application processing fees, and a $400.00 filing fee pursuant to 28 U.S.C. § 2412(a)(2)). Post judgment interest shall accrue at the legal rate pursuant to 28 U.S.C. § 1961(a) and shall be computed daily and compounded annually until paid in full, but without costs to either party. Defendants, Gazel Giles and Academic Aid for Success, LLC, jointly and severally, agree that the sum owed, $46,866.33 plus interest, is due and payable in full immediately.
Provided, however, execution shall not issue upon this judgment so long as Defendants, Gazel Giles and Academic Aid for Success, LLC pay to the Department of Justice, through the United States Attorney, 900 Jefferson Avenue, Oxford, Mississippi 38655, an agreed upon minimum monthly payment each and every month until this judgment is satisfied. The amount of this payment shall be subject to review and modification not less than annually. This debt shall also be included in the Treasury Offset Program so that any federal monies owed to Defendants, Gazel Giles and Academic Aid for Success, LLC, will be credited to the outstanding debt owed to the United States.
SO ORDERED.