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Civil Forfeiture means private property can be a liability unless one has a lot of extra liquidity to fund a legal defense.
by justforyou 6y ago
Civil Forfeiture means private property can be a liability unless one has a lot of extra liquidity to fund a legal defense.
- sudosysgen 6y agoCivil asset forfeiture only matters for personal property. Private property, such as investments, stakes in ventures, and so on, is not affected by civil asset forfeiture. I've never seen anyone have their business seized without trial, but people have had their houses destroyed without trial.
- sagarm 6y agoThey've tried: https://www.wsj.com/articles/SB10001424127887323539804578264242356172154 https://www.wsj.com/articles/SB10001424127887323539804578264...
- coldtea 6y agoThe rich have so many layers between them and their property, that "Civil Forfeiture" is not an issue, sometimes not even when convicted.