Most Common Reasons For an Asset Search Investigation

An Asset search investigation and reveal an incredible amount of information about a person. There are many reasons why a person may hire a private investigator to conduct an asset search investigation. But some reasons are more common than others. This is a brief description of the most common reasons for an asset search.

1. Judgment Recovery - A litigant will win a lawsuit and obtain a judgment. This is an order from the court compelling a person to pay. But unless you can uncover a person's hidden assets you may never be able to collect on a judgment. So you need to locate their hidden assets. Once the funds are located you can follow the legal procedures to seize the funds from the account.

2. Divorce Litigation - When a couple is going through a divorce proceeding many time one spouse will suspect the other of hiding assets. It could be cash, property, vehicles or business holdings. But the one thing most people are seeking in these types of investigations are hidden bank accounts.

3. Child Support Collections - You may have a judgment for child support but the ex refuses to pay and is working off the books so you cannot garnish their paycheck. An asset search can uncover hidden business interests, stocks, and secret bank accounts. Sometimes the search will include employment information as well. If not there are specific investigations regarding current place of employment that could be bundled in with the asset search.

4. Pre-Litigation - You may have a very good case against someone but if they have no insurance and no assets to pay a judgment there may be no point in going through the expense of litigation. A pre-litigation will spare the expense of a pointless trial.

5. Disputes Over Wills and Probates - There are often disputes between heirs after a death. many times family members feel that the executor of the will is keeping them in the dark about the deceased's assets. An heir may feel better if no stone is left unturned.

A typical asset search investigation will locate property, real estate holdings, vehicles, bank accounts, trust accounts, businesses and even PayPal accounts. It can uncover a wealth of information and when used in conjunction with subpoena power and a forensic accountant or other professional can solve every one of the problems listed above. There may be other reasons why people will hire an investigator to perform an asset search but these are the most common.

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For assistance in performing an Asset Search Investigation contact Ed Opperman Pres of Opperman Investigations Inc through his web site http://www.emailrevealer.com/

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Asset Searches and Divorce - Finding What They're Hiding

Divorce itself can be bad enough, but matters can become significantly worse when one partner is seemingly withholding assets, or information about those assets, from the other. Unfortunately, the act of hiding assets in marriage is becoming more and more commonplace, and if you think that there's even a remote chance that your spouse is not forthcoming with all of their accounts, property, vehicles, or cash reserves, you owe it to yourself to look try and find out if your spouse is hiding assets from you.

What asset searches can reveal

Asset searches, also called asset investigations, and asset locator services, can find a great number of items under your spouse's name. For instance:
* Businesses
* Accounts
* Property / real estate
* Vehicles

When you hire an actual investigation firm to search for your spouse's assets, they can dig deeper than a simple database search -- an investigator may be able to dig into properties, vehicles, and assets under the control of businesses in your spouse's name.
Limitations of divorce asset searches

While asset searches tend to be comprehensive by nature, they are not without potential limitations. As an unfortunately all-too-real example, asset searches may not be able to uncover money, property, or other goods that were transferred over into another person's name for the sole purpose of hiding those assets. For instance, let's say that your spouse has a friend or business partner, and they regularly send them money, transfer accounts into their name, or transfer ownership of a business or businesses, or property. In cases like these, it's usually quite a bit more difficult to find those assets as they are technically, and legally, no longer assets that your spouse controls.

Unfortunately, these asset-transfer transactions may look legitimate on paper, if there is even a paper trail. Sending money to an associate or even an unknown third party can be explained away by calling it a business expense or loan repayment. Furthermore, especially if your spouse has means, either personally or through their business, it can be difficult even for a seasoned asset investigator to follow all of the various trails to identify which transactions may be related to asset hiding and which transactions are legitimate business transaction. However, as this type of asset hiding generally requires that your spouse transfer full control of their assets over to the third parties, it is by no means an everyday occurrence.

If you think that your spouse may be hiding assets from you, it is in your best interest to hire an investigator that offers asset search services. After all, if your spouse is hiding assets from you, it could make a night and day difference in the end-result settlement that you receive during your divorce proceedings.