If no third party files a timely petition, the preliminary order becomes the final order of forfeiture if the court finds that the defendant (or any combination of defendants convicted in the case) had an interest in the property that is forfeitable under the applicable statute.

Once the interests of third parties are addressed, the court issues a final forfeiture order. Civil judicial forfeiture is an in rem (against the property) action brought in court against the property. The property is the defendant and no criminal charge against the owner is necessary.

Oct 11, 2023 · Asset forfeiture is designed to deprive criminals of the proceeds of their crimes, to break the financial backbone of organized criminal syndicates and drug cartels, and to recover property that may be used to compensate victims and deter crime.

If no third party files a timely petition, the preliminary order becomes the final order of forfeiture if the court finds that the defendant (or any combination of defendants convicted in the case) had an interest in the property that is forfeitable under the applicable statute.

forfeiture and restore forfeited property to owners and lienholders. In addition to innocent owners’ statutory ability to challenge forfeitures, the Attorney General has promulgated regulations governing the process by which owners and lienholders may …

Prior to entry of a final order of forfeiture, the Department of Justice Assets Forfeiture Fund (AFF) is authorized under certain circumstances to pay trustee and monitor fees in cases where a Department of Justice agency is the lead law enforcement agency.

terminate the nonjudicial civil forfeiture proceeding, and take the steps necessary to preserve its right to maintain custody of the property as provided in the applicable criminal forfeiture statute.

May 19, 2023 · Final order. If no one successfully asserts a defense, the court issues a final order and the government obtains title (ownership) of the property. What Are Defenses to Property Forfeiture?

Oct 16, 2024 · If no third party files a timely petition, the preliminary order becomes the final order of forfeiture if the court finds that the defendant (or any combination of defendants convicted in the case) had an interest in the property that is forfeitable under the applicable statute.

His firm, Asset Forfeiture Law, LLC, provides training and legal assistance to state, local, federal, and foreign law enforcement agencies in connection with domestic and international money laundering and asset forfeiture matters.