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What the IRS do in bankruptcy proceedings

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    What the IRS do in bankruptcy proceedings

    I have a home with about $100,000 equity in it. I have also some money in my IRA account but that is about the assets I have. I live on social security.

    I owe a lot of money in back taxes.

    Can the IRS take my home and my IRA savings if I declare bankruptcy?

    Judy

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