Search results
Results from the WOW.Com Content Network
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.
The property was forfeited to the United States Marshals Service as a result of Operation Sandshaker. In 2006, Bid4Assets auctioned a 1990 Mercedes-Benz C-11 race car driven by Michael Schumacher. In January 2008, Bid4Assets conducted Clark County, Washington's first internet-based tax sale.
The ruling is the second recent court decision that has curbed Detroit's aggressive vehicle forfeiture program. Michigan Supreme Court Rules Against Detroit's Asset Forfeiture Racket Skip to main ...
Leonard also supported an effort to reform civil asset forfeiture, a practice he said “opens the door for abuse.” [54] Efforts to reform civil asset forfeiture had been smaller and more incremental in recent years, [55] but the version Leonard pushed through required a conviction for the first time. [56] The Detroit News called the bill an ...
In civil forfeiture, assets are seized by police based on a suspicion of wrongdoing, and without having to charge a person with specific wrongdoing, with the case being between police and the thing itself, sometimes referred to by the Latin term in rem, meaning "against the property"; the property itself is the defendant and no criminal charge ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Bennis v. Michigan, 516 U.S. 442 (1996), was a decision by the United States Supreme Court, which held that the innocent owner defense is not constitutionally mandated by Fourteenth Amendment Due Process in cases of civil forfeiture.
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).