JOHN E. STEELE, District Judge.
This matter comes before the Court on defendant's letter motion to waive the interest part of the original restitution (Doc. #74) filed on April 3, 2018. The government filed a Response in Opposition (Doc. #76) on April 16, 2018. Defendant states that he has paid almost $7,000.00 more than the principal payment owed on restitution, and now seeks to waive the remaining interest part of the original restitution and for the government to accept the principal as paid in full with the $7,000 coming back to defendant.
On January 21, 2000, defendant was sentenced to a term of 198 months of imprisonment, a term of supervised release, and a restitution amount of $20,058.00 to NationsBank. (Doc. #30.) Defendant commenced his term of supervision on December 12, 2013, and it is expected to expire on December 12, 2018. (Doc. #72.)
On February 20, 2015, the Court found no authority to waive the remainder of restitution, and otherwise did not find a sufficient basis to do so. (Doc. #69.) At the time, defendant had only paid $9,229.44 of his total restitution with a remaining principal balance of $10,928.56, and unpaid interest balance of $16,134.45 accruing at a rate of 6.287%. (Doc. #68, pp. 1-2.) On April 28, 2015, the Court also denied reconsideration as to the interest amount, and denied the request to waive the interest portion of the restitution obligation. (Doc. #71.) On December 2, 2015, the Court set restitution payments of $100 per month. (Doc. #72.)
Under 18 U.S.C. § 3612(f)(1), defendant is required to pay interest on any fine or restitution in an amount over $2,500. The failure to challenge the calculation of the restitution amount either before the trial court on direct appeal, and "failing to demonstrate the existence of exceptional circumstances that would excuse this failure," will result in a waiver of the right to object to the restitution amount, including the interest rate.
18 U.S.C. § 3664(k). This allows the Court the ability to adjust the payment schedule, but not to waive restitution. As to interest amount only, the Court could have waived the requirement but only at the time of sentencing, not after restitution has been ordered.
Accordingly, it is hereby
Defendant's letter motion to waive the interest part of the original restitution (Doc. #74) is