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tax penalties and interest in Ch. 13
As most of us know, in a Chapter 13 all prepetition tax penalties
are dischargeable (even on priority taxes) and there is no
postpetition accrual of penalties (or interest).
Assume a debtor is filing a Chapter 20 (Chapter 13 shortly after a
Chapter 7) in order to deal with a bunch of priority tax
obligations. In that case, (A) do the prepetition penalties need
to be paid; and (B) is there any accrual of post petition interest
and penalties?
I'm pretty sure the answer to (A) is yes, but I'm not sure about (B).
Thanks,
mark
******************************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
web: http://www.bklaw.com/
Certified Bankruptcy Law Specialist- The State Bar of California
Board of Legal Specialization
This Firm is a Qualified Federal Debt Relief Agency (see what this
means at
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