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.

  • Pronell@lemmy.world
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    9 months ago

    There was this case.

    I haven’t reread the article but it’s from over a decade ago. Man sued a bank and won but they ignored him until he began foreclosure proceedings on a branch office.

    • edric@lemm.ee
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      9 months ago

      Dude should’ve sued for more than just atty’s fees for all the stress and hassle of dealing with the issue.