MARK A. SULLIVAN, Jr., P.J.Cv.
These matters come before the court on applications for default judgments in suits by an attorney for fees. As part of the applications plaintiff requests interest at the rate of 1 1/2% a month, as provided for in the preprinted retainer agreements. The issue before the court is whether this provision violates the usury statute, N.J.S.A. 31:1-1, thereby causing plaintiff to forfeit all interest and costs pursuant to N.J.S.A...
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