Asset forfeiture is the loss of rights that a person has over movable and immovable property that is declared by a court ruling, without any compensation or reimbursement for the owner or anyone who claims or acts as such, or for anyone who, for any reason, possesses or holds said property.
This procedure is carried out through a judicial process of a civil nature, patrimonial in character, and with an emphasis on oral proceedings, through a special procedure. The exercise of the asset forfeiture action corresponds to the Public Prosecutor's Office, and the procedure is autonomous, distinct, and independent from any criminal matter from which information related to the facts supporting the action was obtained or from any other procedure initiated previously or simultaneously.
At Cosio & Asociados, we offer advice and representation to our clients at all stages of the asset forfeiture process, which is pursued by the Public Prosecutor's Office independently and autonomously from other criminal proceedings. Our approach includes:
- Analysis of the validity of the action and its legal basis.
- Development of defense strategies based on solid evidence.
- Legal representation in oral hearings and any judicial instance.
Our goal is to ensure that the process is fair, protect our clients' rights, and safeguard their assets against unjust or unfounded claims.
