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IRS TAX Levy

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    IRS TAX Levy

    I filed Chapter 7 February 4th, On January 18th IRS levied against two (savings and checking) accounts. Funds were released to IRS after I filed. Advised by lawyer that IRS will return the funds to me. What is the status of those funds - are they considered an asset? Can I use the money? Also my petition indicated the wrong amount for the IRS levy as well as my bank balance the day I filed. Lawyer says it doesn't matter - is that accurate?

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