What You Need to Know Before You Start Engaging in Asset Investigation

If you are in a position where a person or a group owes you money, but they claim they can’t pay you, you can benefit from asset investigations. Asset investigations can take place in a number of circumstances, including cases that involve spousal support during a divorce settlement or in a global business dispute. Essentially, asset investigators work as detectives that aim to uncover the financial holdings of those who would rather keep these records hidden.

What You Need to Know Before You Start Engaging in Asset Investigation
Investigators go about this task by performing what is called an asset search, which aims to locate financial or physical assets. However, these assets can be hidden deep below the surface of official record books, and at times they may be completely off the records altogether. For some, this is a strategy to avoid paying off debts, but for others, hiding their assets is a systematized process that they find advantageous.

When you are considering opening an asset investigation, you want to carefully consider how you go about beginning the process. It is imperative that an investigation take place legally. Keep in mind that not all private investigators have the authority to look into some of the areas that are required to perform a thorough asset search. It is important that the individual or organization you hire has the capability to complete the investigation legally so that any evidence obtained will be valid in court, thus preventing any charges from being placed upon you.

There are several areas that an investigator might consider when looking for hidden assets. They will take into account both private and commercial properties, whether domestic or located offshore. They will also consider other physical items like cars, boats art, jewelry, and other high-value items. Such objects can be easy to hide or trade with a simple piece of paperwork, and tracking them down can be very difficult.

Investigators will look through all of the finances of the target. These include bank accounts, investments, trusts, pensions, shares, and all overseas financial transactions or corporate interests. An investigation firm can ensure that any aggrieved party gets what is owed to them.

Sources:

(The Anatomy of an Asset Investigation

MAY 3, 2011 BY BRIAN WILLINGHAM, diligentiagroup.com)

(Asset Search And Recovery, intimeinvestigations.com)

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