There Are 'Procedural Issues' With Cops Seizing Innocent People's MoneyHamilton Nolan3/17/14 9:48am1319EditPromoteDismissUndismissHideGo to permalink"Asset forfeiture" is a legal term meaning "when police take all the valuable shit in your car and keep because you may or may not have been exceeding the speed limit." These programs are at last coming under a wee bit of scrutiny.