asset seizure
Taking someone's belongings
Asset seizure is the legal confiscation of property by government authorities, typically when assets are believed connected to criminal activity or owed as debt.
Law enforcement may seize cash, vehicles, real estate, or bank accounts.
Civil asset forfeiture allows seizure without criminal conviction, which critics argue enables abuse: The police seized his car even though charges were dropped.
Asset seizure also occurs in tax collection and divorce proceedings.
- confiscationSeizure by authority
- civil forfeitureGovernment confiscation without criminal charges
- repossessionCreditor seizing collateral
- seized propertyAssets claimed through legal action
- forfeitureLoss due to breach
eminent domain · garnishment · court order · legal proceedings · liquidation · receivership · due process · attachment · valuation · restitution · lien · levy · clawback · investigation · auction · expropriation · warrant · law enforcement
- Islamic Lawsharia, Sharia, Shariah, Islamic law, fatwa
- policingpatrol, police powers, arrests, police officer, arrest
- financial ruinbankrupt, bankruptcy, bust, busted, broke
- plunderlooting, loot, booty, pillaging, spoils
- taxationtax, income tax, sales tax, tax return, tax refund
- corporate crisesbankruptcy filing, scandal, lawsuit, layoffs, data breach
asset seizurevoluntary surrender
Freely chosen submission
reparations · government grant · bailout · wealth distribution