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Tax sale: seized assets; Court auction: items sold to satisfy a court judgment, like storage contents of not-paying tenants; Insolvent companies where the government is the liquidator (e.g. official receiver) Unowned property; Often goods sold at government auctions will be unreserved, meaning that they will be sold to the highest bidder at the ...
The government simply files a civil action in rem against the property itself, and then generally must prove, by a preponderance of the evidence, that the property is forfeitable under the applicable forfeiture statute. Civil forfeiture is independent of any criminal case, and because of this, the forfeiture action may be filed before ...
Asset forfeiture or asset seizure is a form of confiscation of assets by the authorities.In the United States, it is a type of criminal-justice financial obligation.It typically applies to the alleged proceeds or instruments of crime.
Chelsea Koetter, a Michigan single mom, owed about $3,800 on her 2018 property taxes. So the government seized her home in 2021, sold it, and kept the $102,636 profit, despite a 2020 Michigan ...
Deals on vehicles and jewelry through a U.S. government auction ... The sales are intended to help get rid of surplus materials or items seized by authorities. ... He defrauded the government out ...
Judge Aileen Cannon ordered the court Thursday to release the detailed list of property seized from Mar-a-Lago.
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