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Home equity theft happens when governments auction off seized houses and keep the profits—even once the tax bill is paid. Local Governments Are Seizing and Selling Homes Over Small Tax Debts ...
Last year, 2022, marked the 28th year civil asset forfeiture imperiled people’s rights to property and due process in Kansas. Perhaps, in 2023, it is time to protect them.
Although there are accessible statistics of seizures at the federal level, it often happens that the totals of forfeitures from both criminals and innocent owners are combined; for example, one report was that in 2010, government seized $2.5 billion in assets from criminals and innocent owners by forfeiture methods, [15] and the totals of ...
Warrant sale: assets of debtors; 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 ...
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.
A property expert based in Abuja estimated that the seized assets would be worth tens of millions of dollars on the market. Corruption remains one of the biggest problems in Nigeria despite ...
Over the past four years, Kansas law enforcement seized $23.1 million in cash and property allegedly linked to criminal activity. Most of the time, owners never tried to take it back.
A wartime government official, the Custodian had responsibility for the seizure, administration, and sometimes the sale of enemy property in the United States. Palmer was also allowed to take control of property that might hinder the war effort, including all property belonging to interned immigrants, whether they had been charged with a crime ...
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