Provided under 26 U.S.C. § 6334, certain property claimed as exempt on the bankruptcy schedules are exempt from IRS liens. The Bankruptcy Code does not require debtors to include the exempted amount in an IRS allowed secured claim.
THE IRS AND SECURED CLAIMS IN BANKRUPTCY IN MINNEAPOLIS
Provided under 26 U.S.C. § 6334, certain property claimed as exempt on the bankruptcy schedules are...
