Tennessee Petition To Return Seized Property
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The involuntary relinquishment of money or property without compensation as a consequence of a breach or nonperformance of some legal obligation or the commission of a crime. The loss of a corporate charter or franchise as a result of illegality, malfeasance, or Nonfeasance.
If the federal government has seized your assets, it is possible the property will later be returned to you. The most common way to recover seized assets is to prevail in your criminal trial.In many cases, these items will be donated to federal agencies or used by the government in some capacity.
Seizure is the act of taking property.Forfeiture occurs when your rights to the seized property are permanently lost through a court order or judgment. Forfeiture occurs after seizure, and seizure does not always end in forfeiture. In our example, the seizure takes place when Officer Potts takes the money from Steve.
Seized property may be detained for an initial period of six hours, but a senior officer can authorise detention for a further forty-two hours. An officer can then make an application to a Magistrates court to extend the period of detention for up to six months.
Petition means a petition for remission or mitigation of forfeiture under the regulations in this part. This definition includes a petition for restoration of the proceeds of sale of forfeited property and a petition for the value of forfeited property placed into official use.
If the federal government has seized your assets, it is possible the property will later be returned to you. The most common way to recover seized assets is to prevail in your criminal trial. If you are not convicted of a crime, the government may not move forward with forfeiture proceedings.
THE GOVERNMENT MAY CONSIDER GRANTING PETITIONS FOR REMISSION OR MITIGATION WHICH PARDONS ALL OR PART OF THE PROPERTY FROM THE FORFEITURE.The authority to grant remission or mitigation in administrative forfeiture cases is given to the federal agency that seized the property.
If they find large amounts of cash and other suspicious circumstances, they seize the cash as drug-related, send it along to the federal government for forfeiture, getting back 80 percent to buy new equipment, computers, jail cells, guns and ammunition.