Topic: What Assets Can Be Seized in Asset Forfeiture
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Answers to Common Questions
What is asset forfeiture?
Asset forfeiture is the confiscation of assets associated with the commission of a crime. It can be real estate, vehicles or currency. The federal law, passed in 1986, encourages police agencies to seize drug assets as a way to deny the nar... Read More »
Source: http://www.npr.org/templates/story/story.php?storyId=91495507&ft=...
What Are Judgment Debtor Assets That Can Be Seized?
If a court sides with the plaintiff in a debt collection lawsuit, the plaintiff becomes a judgment creditor while the defendant is the judgment debtor. The court's decision provides the judgment creditor with collection tools he did not hav... Read More »
Source: http://www.ehow.com/info_7797425_judgment-debtor-assets-can-seize...
How Long After a Judgment Can Assets Be Seized?
Creditors that sue you for unpaid debts do so in the hope of winning a civil judgment. Should the court award your creditor a civil judgment, it can then use the judgment as a tool to seize your assets. State laws vary regarding a creditor'... Read More »
Source: http://www.ehow.com/info_8036872_long-judgment-can-assets-seized....
More Common Questions
Answers to Other Common Questions
State governments collectively seized more than $4.7 billion from 117 million "abandoned" U.S. bank accounts, pension accounts, safe deposit boxes, stocks and savings bonds last year, according to the National Association of Unclaimed Prope...
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Source: http://www.ehow.com/how_4505914_reclaim-abandoned-assets-seized-s...
Answer if it is not appropriated by the agancy that seized it for it's own use then it is usually sold or put up for auction
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Source: http://wiki.answers.com/Q/What_happens_to_property_sized_in_the_A...
Under Federal law, drug enforcement agents and authorities have the legal right to confiscate money, property and personal belongings during any raid in which it is suspected that the drug laws of the country have been violated. In some cas...
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Source: http://www.ehow.com/how_7184686_cash-assets-seized-dea-returned.h...
Answer Any assets needed to satisfy the debt can be seized. The party must provide a receipt and track all proceeds. Anything obtained over and above what is needed to satisfy the judgement must be returned. If the judgement is for $5,000 a...
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Source: http://wiki.answers.com/Q/what+assets+can+be+seized+by+a+judgment
It has never happened to me, nor am I aware of it happening to anyone I know.
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Source: http://answers.yahoo.com/question/index?qid=20111112113225AABfQW5
I have never handles a federal forfeiture case, but I have handled several state cases. Asset forfeiture is always a civil case. After the property is seized, the government will send a notice of forfeiture to all people that the government...
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Source: http://answers.yahoo.com/question/index?qid=20071114002522AAhV88Z
its on the first island go to the map then look at the bottom of the first island then there will be a pay n spray the very bottom go there then if you go to the entrance of the pay n spray and look left there will be a building with a gate...
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Source: http://wiki.answers.com/Q/Where+is+the+civil+asset+forfeiture+imp...
