Treatment of an impaired claim
Posted: Fri Jan 17, 2014 2:16 pm
Prop taxes. Pay 30 days after effective date will impair, but can't vote, so forgetaboutit.
IRS 5 years and one day violates the code cannot confirm.
D
Dennis McGoldrick, 350 S. Crenshaw Bl., #A207B, Torrance, Ca 90503 310-328-1001-voice
> On Jan 15, 2014, at 5:25 PM, Alik Segal wrote:
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> Listmates,
>
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> Chapter 11.
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> Debtor owes property taxes. Tax collector is insisting on receiving its lawful interest rate--in this case 18%. How can a treatment be constructed so that the tax collector is receiving its lawful rate while the claim is impaired?
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> Debtor owes priority IRS taxes. Would paying IRS in 5 y and 1 mo (instead of legally required 5 y) with the standard 3% qualify as a minor impairment that is likely to be acceptable to the IRS but also sufficient to entitle IRS to vote?
>
>
> Alik Segal
> Alik.Segal@gmail.com
> 310-362-6157
> California Central District
>
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