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Ask WALLSTREETESQ Your Own Question
Category: Bankruptcy Law
Satisfied Customers: 17223
Experience:  14 years exp., CH 7 AND 13 Bankruptcy cases, AFL-CIO UNION PLUS, UFT NYSID AND ALL MAJOR UNIONS
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Can delinquency penalties be charged on real estate taxes in

Resolved Question:

Can delinquency penalties be charged on real estate taxes in Indiana while a person is in bankruptcy?
Submitted: 7 years ago.
Category: Bankruptcy Law
Expert:  WALLSTREETESQ replied 7 years ago.
are the taxes paid yet? and how mucha re the penalties?
Customer: replied 7 years ago.
No, only a portion of the taxes have been paid since the person first filed for bankruptcy in 2006. The person was making payments to the bankruptcy trustee thinking the trustee was paying the County Treasurer only to find out after being discharged that only a small portion of the money paid to the trustee had been paid toward taxes. In the meantime, penaltis continued to build up on the unpaid taxes. The property could not be sold in a tax sale because of the bankruptcy but should the penalties have continued to be added during the period the person was going through bankruptcy?
Expert:  WALLSTREETESQ replied 7 years ago.
the trustee should have paid the full amount for the taxes, and penalties should not have accrued if the debt was listed in the bankruptcy.
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