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cfortunato
cfortunato, Attorney
Category: Bankruptcy Law
Satisfied Customers: 8023
Experience:  Bankruptcy professor.
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What form on Chapter 13 do I put my delinquent property taxes

Customer Question

What form on Chapter 13 do I put my delinquent property taxes? I four parcels.
Submitted: 6 years ago.
Category: Bankruptcy Law
Expert:  cfortunato replied 6 years ago.

Hi JACustomer,

When were the property taxes due?

Customer: replied 6 years ago.
They are 3 years late
Expert:  cfortunato replied 6 years ago.
Property taxes that were due more than one year before filing go on Schedule F (Creditors Holding Unsecured Nonpriority Claims).
Customer: replied 6 years ago.
Does this mean I maynot have to pay the deliquent taxes if there is only enought to pay my mortgage and future taxes and insurance?
Expert:  cfortunato replied 6 years ago.
Yes - at the end of the Chapter 13, the entire balance of the 3-year old property taxes are dischargeable. Housing costs - including current taxes and insurance - are paid first. Whatever is left over is paid to the unsecured creditors in the proportion to the size of those debts. If there is nothing left over, the unsecured debts - including the 3-year old property taxes - get discharged without being paid.
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