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IRS Debt wasn't totally secured

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    IRS Debt wasn't totally secured

    Looking really closely at creditors claims yesterday on 13 DataCenter, and was surprised to see 2 separate claims from the IRS. One for over 5K, and a separate claim for just under $700.
    These were for witholding taxes for my husband's employee we were behind on when we filed.

    As it turns out, the smaller claim is listed as "unsecured", it is penalties and interest, and the IRS is only getting a percentage of that back (around 35%).

    I checked their actual claim on pacer, and that's exactly how they filed it, as 5K priority, and the smaller claim as "unsecured".

    Guess I was surprised, as I assumed ALL of the IRS debt would be classified as priority.

    Just sharing, I guess..........Maybe it's just me that didn't know these things
    You can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing

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