Can the (federal) government take everything Armstrong owns?
February 22, 2013 9:15 PM Subscribe
Re the Justice Department joining the lawsuit against Lance Armstrong--can the federal government force the sale of assets to pay off a judgment?. That is, hypothetically, if Armstrong has $8 million in non-cash assets (houses, land, cars, etc), and he's being sued for $15 million and loses, can the government liquidate all of his assets to at least pay off a part of that amount? Armstrong is a disgrace and a jerk, but could he also become a pauper?
posted by BadgerDoctor to Law & Government (7 answers total)