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Economics2h 43m ago

The U.S. Court of Appeals for the Seventh Circuit held that a tax purchaser’s secured claim arising from the purchase of a property tax certificate constitutes a “tax claim” under Chapter 13 bankruptcy law.

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United States

Who
U.S. Court of Appeals for the Seventh Circuit
What
The U.S. Court of Appeals for the Seventh Circuit held that a tax purchaser’s secured claim arising from the purchase of a property tax certificate constitutes a “tax claim” under Chapter 13 bankruptcy law.
When
Fri, 17 Jul 2026 18:59:12 GMT · 2h 43m ago
Where
United States ·
Why
The court upheld the interest rate applied to tax purchaser claims in Chapter 13 bankruptcy proceedings.
The Frontline Impact

How this affects you

This ruling clarifies the treatment of tax purchaser claims in bankruptcy, potentially affecting how interest rates are determined for such claims.

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