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My accountant accidentally deposited my IRS refund in to a old inactive bank account. The bank reopened the account and used the deposit to pay on a. Charged off mortgage. Can they do this

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    I think no, but that should be your accountant's problem, right? He is supposed to give you your money, and if he accidentially gave it to his niece and she bought icecream from it, it would he his problem, right? So what changes if he gave it to the wrong bank account?? Sound to me like a hair-brained excuse for embezzling funds. – Aganju Jul 10 '16 at 18:18
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    @Aganju, this is OPs bank account, it's just an account that hasn't been in use, likely because the mortgage was delinquent. I can't speak to the legality of the bank appropriating the funds but this doesn't scream embezzlement to me, and it's hardly the accountant's problem is there was no notice of a new bank account. – quid Jul 10 '16 at 19:44
  • I understood that, but it says 'accidentally' - I interpreted this as the accountants accident (or claim). I see now it could be interpreted differently. – Aganju Jul 10 '16 at 20:13
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    Did the bank issue you a 1099-C for the cancelled debt, or is the term "charged off" looser, in a sense of "inactive", in this scenario? – user662852 Jul 11 '16 at 11:30
  • What do you mean by "national bank"? – iheanyi Mar 16 '17 at 5:06

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