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SVTPerformance's Chain of Restaurants
Donut Shop
street racing question
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<blockquote data-quote="jshen" data-source="post: 6233204" data-attributes="member: 9092"><p><strong>Condemnation Statutes</strong></p><p></p><p>If there is a law providing for condemnation of a vehicle, house etc., it is usually "subject" to the existing lien holder, if any. Typically I see condemnation statutes dealing with cars & houses to transport or distribute illegal substances- If seized, the lien holder can recover their balance. I know that is the case in GA..</p><p></p><p>I don't know about the Feds...but my neighbor [ another street over ] just got sentenced by the Feds..for medicaid/medicare fraud..42 million..and they took a lot of assets but excluded 2.3 million in his home..which was paid for. Neighbor got 220 months to serve...I don't know why they didn't take his house..but I cannot answer for the feds.</p></blockquote><p></p>
[QUOTE="jshen, post: 6233204, member: 9092"] [b]Condemnation Statutes[/b] If there is a law providing for condemnation of a vehicle, house etc., it is usually "subject" to the existing lien holder, if any. Typically I see condemnation statutes dealing with cars & houses to transport or distribute illegal substances- If seized, the lien holder can recover their balance. I know that is the case in GA.. I don't know about the Feds...but my neighbor [ another street over ] just got sentenced by the Feds..for medicaid/medicare fraud..42 million..and they took a lot of assets but excluded 2.3 million in his home..which was paid for. Neighbor got 220 months to serve...I don't know why they didn't take his house..but I cannot answer for the feds. [/QUOTE]
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