How does seizing assets work in practice in the US? - eviltoast

Hypothetically, if one were to seize the assets of, say a billionaire, what would that look like? Obviously, most of these forms are non-liquid. I’m looking for a purely financial perspective. Thanks.

  • jordanlund@lemmy.world
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    9 months ago

    Varies state by state, there is no one universal rule.

    Some states require a conviction, some don’t.