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Page 1 of 4 SC-8 (11/18)(cs-duplex) Dist. Ct. Civ. R. 17(a); DEFAULT AFFIDAVIT 50 App. USC 521(b)(1) IN THE DISTRICT COURT FOR THE STATE OF ALASKA AT ) ) ) Plaintiff(s), ) ) vs. ) ) CASE NO. SC ) Defendant(s). ) DEFAULT AFFIDAVIT AND I do solemnly swear or affirm that the facts set out below are true to the best of my knowledge and belief following diligent inquiry, and I request a default judgment. 1. More than 20 days have elapsed since the summons and complaint were served upon defendant, . 2. The defendant is not a minor under age 18 or otherwise incompetent. The defendant is in the active military service of the United States. I am unable to determine whether the defendant is in the military service. The defendant is not in the active military service of the United States.* This knowledge and belief is based on the following facts: * You may check for this online at I attached the business records that support my claim. 5. The amount I claimed in my complaint (not including prejudgment interest or costs) is $ . Since filing the complaint, I have received the following payments from the defendant: Date Amount Date Amount Prejudgment Interest. (See attached instructions.) I want prejudgment interest. Therefore, I have attached (1) a sheet showing my interest calculations in the form required by the instructions, and (2) any required documentation. (not to exceed $1,000), based on 10% of judgment or reasonable actual attorney fees, whichever is less, in the amount of: $ Signature Print Name and Title (If Applicable) Subscribed and sworn to or affirmed before me at , Alaska on . (date) Clerk of Court, Notary Public, or other (SEAL) person authorized to administer oaths My commission expires: American LegalNet, Inc. www.FormsWorkFlow.com Page 2 of 4 SC-8 (11/18)(cs-duplex) DEFAULT AFFIDAVIT Interest Instructions Dist. Ct. Civ. R. 17(a) INSTRUCTIONS FOR CALCULATING PREJUDGMENT INTEREST If you are claiming prejudgment interest, you must show how the prejudgment interest should be calculated. Determining Due Date First, you must determine the date the principal became due. That date will be: In Tort Cases (that is, cases involving damage to property, personal injury, or death) AS 09.30.070(b) 1. The date agreed upon by the parties; or 2. If there is no such agreement, the earliest of the following: a. The date process is served on the defendant; or b. The date the defendant received written notification that an injury occurred and that a claim may be brought against the defendant. In All Other Cases AS 45.45.010 1. The date stated in a written contract or agreement, or 2. If there is no written contract or agreement, the date the principal was due (for example, the date an account or debt became payable or the date the parties agreed the debt would be paid) or the date the debtor refuses to pay. Hoffman v. von Wirth, 907 P.2d 454, 455 and footnote 2 (Alaska 1995). REQUIRED DOCUMENTATION. In tort cases and in all other cases, you must file written documentation with the court showing the date the principal became due. Examples of such documentation are: a written contract, a payment ledger, an invoice, an affidavit setting out to the defendant giving written notification of the claim, etc. Interest Rate Next, you must determine the interest rate. If you have a contract or promissory note that states what the interest rate will be, use that rate (and attach a copy of your contract or the original promissory note). If there is no contract interest rate, the rate will usually be the rate (set by a statutory formula) for the year the court enters the judgment in your case.** For a judgment entered in 2018, use 5% as your interest rate unless one of the exceptions described in the footnote below applies. Use form ADM-505 to find the interest rate for other years: https://public.courts.alaska.gov/web/forms/docs/adm-505.pdf. Calculation of Interest Next, you must show the court your interest calculations. See page 3 for the calculations you must show if you have received no payments since filing the complaint. See page 4 for the calculations you must show if you have received any payments since filing the complaint. ** AS 09.30th Federal Reserve District Exceptions: This rate does not apply if: (1) there is a contract that sets a different rate, (2) there is a statute that sets a different rate, or (3) the cause of action accrued before August 7, 1997 (in which case the rate will be 10.5%.) In general, a cause of athereon, that is, when sufficient events have occurred to support a valid lawsuit (for example, when injury or damage occurs or when a contract is breached). American LegalNet, Inc. www.FormsWorkFlow.com Page 3 of 4 SC-8 (11/18)(cs-duplex) DEFAULT AFFIDAVIT Interest Instructions Dist. Ct. Civ. R. 17(a) No Payments Received If you have received no payments since filing the complaint, show the following: 1. The principal amount stated on your complaint and the date it became due. (This will be the date prejudgment interest begins.) 2. Your calculation of the amount of interest due using the following formula: Principal x Interest 367 365 x No. of = Amount of Interest Amount Rate Days Due for that Period means the number of days between the date the principal became due and the date you file your Default Affidavit. 3. Add the interest to the original principal and show the new balance due. EXAMPLE Sample case: Complaint is filed September 15, 2018 claiming $1,000. The money has been due since March 16, 2018. Defendant does not answer complaint, so on November 22, 2018, plaintiff files Default Affidavit with the following prejudgment interest calculations attached: 1. Principal amount and date it became due: $1,000 due March 16, 2018 2. $1,000 x .05 367 365 x 251 = $34.38 Principal Annual Days No. of Days Interest Due Interest In Between For That Period Rate Year March 16 and November 22 (date default affidavit filed) 3. Principal: $1,000.00 Prejudgment Interest: + 34.38 New Balance Due: $1,034.38 YOUR CALCULATIONS Please show how the interest in your case should be calculated: Date principal became due: (See page 2 about required documentation.) $ x 367 365 x = Principal Annual Days No. of Days Interest Due Interest Rate In Year For That Period If you have received payments since the complaint was filed, see page 4. American LegalNet, Inc. www.FormsWorkFlow.com Page 4 of 4 SC-8 (11/18)(cs-duplex) DEFAULT AFFIDAVIT Interest Instructions Dist. Ct. Civ. R. 17(a) Payments Received If you have received payments since filing the complaint, attach a separate sheet showing the following: 1. The principal amount due (not including any interest) and the date it became due. 2. The date and amount of the first payment. 3. Your calculation of the amount of interest due between those two dates, using the formula shown in paragr means the number of days between the date the principal became due and the date of the first payment. 4. Deduct the interest amount calculated in step 3 from the payment. Then deduct the rest of the payment from the principal owed to you to get the balance still due. 5. If there was a second payment, show the date it was made and amount. Then show your means the number of days between the two payments.) Subtract that amount of interest from the payment, and then apply the rest to reduce the balance due. Repeat if there were more payments. 6. Calculate the amount of interest which has accrued from the date of the last payment to the date you file your Default Affidavit. Add this to the previous balance due and show the final balance due. EXAMPLE 1. Principal amount and date it became due: $1,000 due March 16, 2018 2. 2018 3. $1,000 x .05 367 365 x 190 = $26.03 Principal Annual Days No. of Days Interest Due Interest In Between For That Period Rate Year March 16 and September 22 4. $100.00 $26.03 = $73.97 (amount to be applied to principal) Interest Payment Due $1,000.00 $73.97 = $926.03(balance due as of September 22, 2018) Principal Payment 5. 2018 $926.03 x .05 367 365 x 30 = $3.81 interest Balance Due Interest Rate Days Days $200 Payment $3.81 Interest = $196.19 to be applied to balance due $926.03 Balance Due $196.19 Payment = $