The U.S. Supreme Court ruled that property owners are not entitled to fair market value when the government seizes and sells their home to satisfy a debt, but the process must be fair, and the Pung family's case was sent back to a lower court to decide whether the auction of their home satisfied that standard.
US PoliticsNorth America
It’s not ‘just’ to erase someone’s home equity
The Hill
July 5, 2026 at 6:00 PM
5 views
The U.S. Supreme Court ruled that property owners are not entitled to fair market value when the government seizes and sells their home to satisfy a debt, but the process must be fair, and the Pung family's case was sent back to a lower court to decide whether the auction of their home satisfied that standard.