Los Angeles, CA (PRWEB) June 12, 2006
Billions of dollars in uncollectible judgments from court cases show the real truth: if someone doesn?t have collectible assets, a costly court case can elicit nothing — except a hefty legal bill. This is why many lawyers suggest asset investigation before time and money is wasted on a lawsuit.
There are many instances where an asset investigation may be useful. Creditor may want to run an asset check on debtors who owe them money. Those who are going through a divorce often have spouses who claim that they have no assets and so should not have to pay child support or alimony. Employers who have noticed unusual patterns in their account have found that an employee has been embezzling money.
Are the individuals in these cases stuck with accepting the situation at face value — even if it means losing money? Of course not. Today, asset investigators can help uncover assets and money that others claim are not there. If individuals are owed money or suspect they are being defrauded, asset investigators can do a number of things to help them recover their money:
1) They can run economic crime investigations, investigations of corruption, investigations of money laundering, and other types of financial investigations using surveillance equipment as well as forensic computer investigation techniques that can recover lost or erased computer data.
2) They can trace ownership of assets, uncover camouflaged assets and trace property.
3) They can identify, find, and evaluate the value of assets owned or managed by a business or by an individual.
4) They can use information brokers and corporate insiders to uncover attempts to hide assets.
5) They can use online and electronic resources as well as surveillance equipment to uncover money fraud. By using tax liens, real estate records, change of address data, state motor vehicle data, and other types of online tools, investigators can often trace where assets have gone.
Signs an Asset Investigation might be needed.
1) Someone has a history of bad credit, lying, criminal activity, tax evasion, fraud, and padded r