Illinois Agreed Judgment of Forfeiture refers to a legal process that typically occurs in criminal cases involving the seizure and forfeiture of property or assets. It is a written agreement between the prosecuting agency and the property owner that allows for the transfer of ownership from the owner to the government. The forfeiture may occur due to illegal activity or as a result of being connected to a criminal offense. In Illinois, there are primarily two types of Agreed Judgments of Forfeiture: civil and criminal. 1. Civil Agreed Judgment of Forfeiture: This type of forfeiture occurs when the property or assets are seized based on the belief that they are connected to illegal activities, such as drug trafficking, money laundering, or organized crime. The civil forfeiture process is separate from any criminal charges and can target a wide range of property, including cash, vehicles, real estate, and other valuable assets. The Agreed Judgment of Forfeiture serves as a legal document that formalizes the transfer of ownership from the property owner to the government. 2. Criminal Agreed Judgment of Forfeiture: This type of forfeiture is typically a negotiated settlement between the defendant and the prosecution during a criminal case. The defendant agrees to forfeit certain assets (money, property, or other valuables) that were acquired or used in connection with criminal activities. The Agreed Judgment of Forfeiture is part of a plea agreement or a plea bargain, where the defendant accepts guilt or pleads to a lesser charge in exchange for a reduced sentence or other concessions. The Illinois Agreed Judgment of Forfeiture process is initiated by filing a petition or a complaint in the appropriate court. It involves providing evidence or demonstrating a link between the seized property and illegal activities. The property owner has the right to contest the forfeiture and present a defense to claim their rights to the property. However, if an agreement is reached between the parties involved, the Agreed Judgment of Forfeiture is filed in court, and the property is transferred to the government. Keywords: Illinois, Agreed Judgment of Forfeiture, civil forfeiture, criminal forfeiture, property seizure, illegal activities, drug trafficking, money laundering, organized crime, plea agreement, plea bargain, reduced sentence, petition, complaint, evidence, property owner.
Illinois Agreed Judgment of Forfeiture
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Provided that where such penalty is not paid and cannot be recovered in the manner aforesaid, the person so bound as surety shall be liable, by order of the Court ordering the recovery of the penalty, to imprisonment in civil jail for a term which may extend to six months.
Bond forfeiture is the enforcement of a guarantee. This can apply to any bond but the best example is the bail bond. Most commonly, bail bonds are forfeited when a defendant misses a court date. The bail bondsman or bondswoman must then pay the outstanding bail.
A person commits the offense of violation of bail bond when he has been admitted to bail for appearance before a court in this State, and incurs a forfeiture of the bail, and wilfully fails to surrender himself within 30 days following the forfeiture of the bail.
A bond acts as a guarantee, rather than a deposit. It's a promise made to the court by a third party, usually a bond company, to pay the bail amount on the defendant's behalf if they fail to attend court or breach another condition of their release.
Bond forfeiture is the enforcement of a guarantee. This can apply to any bond but the best example is the bail bond. Most commonly, bail bonds are forfeited when a defendant misses a court date. The bail bondsman or bondswoman must then pay the outstanding bail.
