Legal Question in Bankruptcy in California

Chapter 13 and Interest

Does a Chapter 13 stop interest on things such as Child Support arrearages and IRS?


Asked on 10/29/03, 5:29 pm

3 Answers from Attorneys
Alvin Tenner Law Office of Alvin G. Tenner

Re: Chapter 13 and Interest

I doubt it, but not really sure.

Read more
Answered on 10/29/03, 6:46 pm
Mark Markus Law Office of Mark J. Markus

Re: Chapter 13 and Interest

No, it does not stop. Interest continues to accrue on any non-dischargeable debts.

Read more
Answered on 10/29/03, 7:26 pm
Mark Markus Law Office of Mark J. Markus

Re: Chapter 13 and Interest

Sorry...I need to amend my last response. I was correct before, but you mentioned tax debt. Tax debt is either priority or non-priority, but dischargeable. Priority tax debt must be paid 100% through a Ch. 13 plan (without interest). Non priority tax debt gets paid whatever the general unsecured creditor class is getting (assuming the taxes are not secured).

Read more
Answered on 10/29/03, 7:29 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in California