Is a spouse responsible for restitution in federal bank fraud?

Asked about 1 year ago - Minneapolis, MN

My spouse is guilty in federal bank fraud. Am I responsible for his restitution? Can property that I own be seized?

Attorney answers (3)

  1. Robert M. Herz

    Pro

    Contributor Level 10

    1

    Lawyer agrees

    Answered . No you cannot be held responsible for your spouse's restitution obligation. Property that you solely own cannot be seized. Jointly owned property has the potential to be seized, but the government may be reluctant to pursue this especially if you live in a state where marital property is owned as tenants in the entirety-- partitioning the property and attempting to sell your spouse's interest in the property becomes complicated and expensive for the government to pursue.

  2. Michael Kevin Cernyar

    Pro

    Contributor Level 20

    1

    Lawyer agrees

    Answered . Property that was obtained with the ill gotten gains has the potential to be seized. For example, if your income is limited, but some expensive automobiles were paid for in cash then there is the potential that the vehicles could be seized. The scenario holds true for any assets you may have obtained during the period. You know whether or not you lived outside your means so you would know better at which assets are likely to be considered for forfeiture.

    There are four doctrines in criminal and civil forfeiture law. The four doctrines include: 1) the relation back doctrine, the heart of forfeiture law; 2) the innocent owner exemption; 3) property subject to forfeiture; and 4) disproportionality. The difference between civil and criminal proceedings are that in civil proceedings some tests are subjective and in criminal proceedings those same tests may be objective.

    To simplify the typical forfeiture process, the standard is not beyond a reasonable doubt for the Government to prove that the property should be forfeited. It is a lesser standard, hence making it easier for the Government to prevail. Therefore in forfeiture law, the Government only needs to contend that the seized property is subject to forfeiture. Under asset forfeiture law the best strategy is to trace the proceeds to a legitimate purpose and not to a bank account or a relative.

    The response above is not intended as legal advice since it’s impracticable to provide thorough, accurate advice... more
  3. Joshua Sabert Lowther

    Pro

    Contributor Level 17

    Answered . No. Only your spouse is responsible for the restitution or fines as a result of his or her conviction. Your spouse's interest in any property that he or she owns jointly with you may be levied, althogh the likelihood of such levy depends upon the ratio or equity to value in the property.

    Joshua Sabert Lowther, Esq.
    NATIONAL FEDERAL DEFENSE GROUP
    jlowther@nationalfederaldefense.com
    http://www.NationalFederalDefense.com
    866.380.1782

Can't find what you're looking for? Ask a Lawyer

Get free answers from experienced attorneys.

 

Ask now

27,536 answers this week

2,868 attorneys answering

Ask a Lawyer

Get answers from top-rated lawyers.

  • It's FREE
  • It's easy
  • It's anonymous

27,536 answers this week

2,868 attorneys answering