QUESTION
Does bankruptcy excuse your property taxes?
Asked on Jan 15th, 2016 on Bankruptcy - Michigan
7 ANSWERS
Bankruptcy Attorney serving Madison, WI
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Richard B. Jacobson & Associates, LLC
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No.
Answered on Feb 10th, 2016 at 7:25 AM
Possibly, if the property tax did not file as a lien. However, most property tax debt does get filed immediately as a lien, meaning that if you do not pay the taxes, you will not have a clean title to the property, and further, at some point, your ownership of the property can be sold to pay the property tax.
Answered on Feb 08th, 2016 at 5:40 PM
Yes, if you are surrendering the property. The tax lien remains with the real estate though.
Answered on Feb 08th, 2016 at 5:38 PM
Commercial & Bankruptcy Law Attorney serving Powell, OH
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Ronald K. Nims
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Bankruptcy discharges any personal liability on property taxes but they are still a lien on the house.
Answered on Feb 08th, 2016 at 5:38 PM
2 Awards
No. Property taxes are secured to the real property.
Answered on Feb 08th, 2016 at 5:36 PM
Bankruptcy Attorney serving Alpena, MI
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Carl C. Silver Attorney at Law
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NO.
Answered on Feb 08th, 2016 at 5:35 PM