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In the USA, can you lose your home even after it is 100% paid off? (lemmy.ml)

submitted 8 months ago by [email protected] to c/[email protected]

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Let’s say that you buy a home in cash and have 100% paid off. Could you still lose it somehow?

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[–] [email protected] 1 points 8 months ago

There are two kinds of asset forfeiture: civil and criminal. Criminal would be what you describe, if you are convicted they can seize any property involved in the crime. Civil asset forfeiture is something else, and it often abused to take things where the crime is only suspected. (It was originally supposed to be used to take property involved in a crime, such as an empty pirate ship, where the owner is not known.)