Asset Searches
When you don't know where a Judgment Debtor's assets are located, an asset search is necessary. From our experience the most common hiding places for assets are:Under aliases
In safe deposit boxes with relatives, friends and partners
In offshore/foreign accounts
Overpaying the IRS
In a universal life insurance policy
In stockbroker accounts
Overpaying credit cards
Ownership of cars, yachts, aircraft, jewelry
Purchase of savings bonds, travelers and cashier's checks
For the successful collection of a judgment you may only need to locate real property or you may need to make an extensive search. Our ready access to data bases, combined with field investigation, equals success.
Pre litigation asset evaluations are a valuable tool when determining whether or not to file an action against a person or business entity. Also, asset evaluations are a valuable tool when determining if additional assets are available prior to accepting policy limits or pursuing a subrogation action.