The critical dependence on quality asset searches in litigation.
Lawsuits are about justice, and they’re often about money. Asset searches provide answers in regards to a person’s financial standing, sometimes confirming pre-litigation whether it’s worthwhile your time, effort, and expense to sue them by any means. If you’re already in the throes of litigation, you and your legal professional can gain valuable information from a secured asset search to see your case. As a Michigan-based private investigations company, ASG can help at any level of the litigation process.
Why Are Property Searches Necessary?
Hiring a private investigator to carry out asset queries means you will continue to work with a professional who understands just how assets are moved, titled, and deeded throughout mich as well as nationally.
There are many benefits to asset searches pre-litigation asset search, during litigation, and post-litigation:
Learn what tangible assets are in a person’s name (e.g., homes, vehicles, businesses, etc.).
Watch the assets to guarantee the debtor will not try to move or conceal them to avoid collection.
Identify collectible assets.
Determine if the debtor has recently concealed or attemptedto conceal resources to avoid detection.
Discover if the debtors have other outstanding liabilities or liens (e.g., other lawsuits, foreclosures, tax liens, fines, etc.).
Determine where you may fall season priority-wise in the type of collectors.
By commissioning property searches, it can save you significantly on legal fees if you determine that pursuing litigation will not be advantageous – particularly in small claims court – because a person is not collectable prior to filing suit. When you have been awarded a court-ordered view and are seeking to pursue assets, the recovery section begins. An exclusive investigator can help locate the party from whom you’re seeking to collect assets.
12 Reasons to Conduct Asset Searches
There are multiple reasons why you might hire an exclusive investigator to conduct an asset search to verify or deny the existence of assets or hidden assets. Here are some of the most frequent situations when property searches are helpful and useful:
Difficulty collecting child support.
Executive criminal background checks.
Vendor and builder screening.
Suspicion of business fraud.
Before filing litigation (Pre-Litigation Asset Search)
Suspicion of investment fraud.
Due diligence before investment or acquisition.
This list of asset searches is not exhaustive at all. Experienced private investigators can uncover investments in any situation where you will need confirmation about the financial located of someone else.
Types of Asset Searches
There are a large number of types of basic or advanced asset searches that may be conducted in mich for members of everyone, businesses, or attorneys. Just some of the details that may be gathered about a person include:
Domain name ownership.
Photos of home.
Complex corporate and business structures are often established to cover up the real ownership of assets. In cases of divorce, which are often contentious, get-togethers may rest about or hide resources, committing financial misconduct by undervaluing marital resources, misusing pension benefits, and even more.
In virtually any situation, whether asset cloaking is done knowingly or without taking into consideration the consequences will not matter – what is important is getting the facts available, and that’s where privately conducted asset searches enter into play.
Why Employ the service of ASG to Do Asset Searches?
There are lots of ways for individuals to try hide assets or obscure ownership, particularly if they are simply in the throes of or facing down litigation. Although it can be satisfying to learn that the individual you are concentrating on with your litigation does indeed hold the assets to spend should you get a common sense in your favor, collection is not assured. Asset queries conducted by an exclusive investigator inform you about whether belongings already are encumbered or where they might be hidden.
All asset queries conducted by the experienced team at ASG are customized. Asset investigations can be placed to the smallest amount or be exhaustive, but our work is often done legally, discreetly, and with great thoroughness. The info our experts can offer goes considerably beyond public record data. They are the facts you or your clients need – and deserve – to learn to make informed decisions