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Bankruptcy

: The Debt Podcast

Treatment of Interest on Nondischargeable Debts

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During a Chapter 13 bankruptcy case, interest continues to accrue on nondischargeable debts, such as priority tax claims and student loans. See Internal Revenue Service v. Cousins (In re Cousins), 209 F.3d 38 (1st Cir.2000). Due to the automatic stay, a debtor often does not realize this until their case closes and an updated loan [...]

Full post as published by The Debt Podcast on October 26, 2008 (boomark / email).

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