How often will I be required to make payments on the installment plan?

Under the installment plan you are required to make at least one payment each year for five years, in addition to paying each year's annual taxes. By April 10 of each year you must have paid a sum total of 20% or more of the plan, plus interest (which accrues at the rate of 1-1/2% per month on the unpaid balance once the plan).  If you fail to pay the required amount of the plan or fail to pay your current Secured Property or Supplemental Property taxes, if applicable, on or before April 10 of each year, then your installment plan will default.

You can, however, pay the total unpaid balance plus accrued interest any time before the fifth and final payment is due.

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1. What will happen if I do not pay my annual Secured taxes on time?
2. What is the amount required to redeem tax-defaulted property?
3. What happens if I fail to pay my Redemption taxes?
4. Can I redeem one defaulted year separately from other years?
5. What happens if I cannot pay the full redemption amount?
6. Who may apply for the Installment Plan of Redemption?
7. How do I start installment plan of redemption?
8. Is there a fee to apply for the installment plan?
9. When may I start a payment plan?
10. How often will I be required to make payments on the installment plan?
11. Does interest continue to accrue while participating in the installment plan?
12. If my installment plan defaults, may I start another one?
13. Do my installment payments cover my current annual taxes?
14. If I'm in foreclosure, who is responsible for the tax bill?