Asset searches in general, or those involving corporations, require a specific type of investigation for which you will need to hire a licensed private investigator (PI). Whether you are considering a lawsuit or waiting to collect a payment, a PI can help you with a professional asset investigation. Asset searches occur daily to help individuals and corporations settle personal injury cases, manage debt, and verify financial statements.
What is an Asset Search?
An asset search involves locating records that confirm personal property or real estate held by a person or corporate entity. There are several situations in which you would require an asset search, such as individual injury cases, motor vehicle cases, debt collection, divorce cases, or unpaid child support cases. These searches can uncover value and any potential liabilities that may or may not be tied to a property.
Do You Need an Asset Search?
An asset check can reveal the true state of a person or company’s assets. If you are getting into a partnership with someone or doing business with them, it is crucial to know the state of their assets. By doing an asset search, you can know for sure whether they are financially trustworthy. Another situation in which an asset investigation can be helpful is when someone owes you money. In this case, an asset search can tell you whether you should go to court and get your money back.
In the case of a fraud when someone is not paying you, an asset check can confirm their claims. Overall, an asset search can give you the proof that you need to show that someone has assets that they may not be declaring.
How Does an Asset investigation Work?
A private investigator (PI) plays a crucial role in an asset investigation. Depending on why you need an asset check, a PI can perform a basic background check, an online investigation, surveillance work, or a financial investigation. Only an asset search conducted by a qualified PI can find out whether a corporation or person is committing fraud or hiding assets. Examples of asset investigations include real estate deeds, corporate filings, mortgage information, bankruptcies, etc.
Choosing the Right Investigator
A properly conducted asset search can find assets you may be unaware of. All Private Investigations will perform a search of both public records and records that are not readily available, in order to locate assets for you. Additionally, we also search for liabilities that may exist against those assets, such as tax liens or bankruptcies. For more information about our services, feel free to contact us at (631) 759-1414.