Third. Cash flow and gross receipts taxes not assessed prior to the petition date but nevertheless permitted, below or else relevant tax legal guidelines, being assessed. Hence, by way of example, a prepetition tax legal responsibility is usually to get sixth priority below this rule if, under the applicable statute of constraints, the tax legal re

Keep in mind, lenders that still make use of the rule of seventy eight intend to make as much cash from financing your loan as legally doable. Throughout the financing procedure, your lender won't constantly indicate no matter whether your loan agreement applies the rule of 78 to its curiosity calculation. That’s why looking through your loan