Are you preparing or considering the filing of a lawsuit on a person or company? When undergoing a lawsuit you will first want to make sure it will be worth the time, effort, and of course, the cost. To confirm a lawsuit is worth your while, you will want to do a Pre-litigation Asset Search. Most attorney’s will want a pre-litigation asset search done before court and will outsource the task to a private investigator. However, the attorney may overcharge if they seek out a pre-litigation asset search. Instead, come prepared and save yourself both time and money by seeking out a private investigator yourself. Advanced Private Investigator & Security will share the benefits of a pre-litigation asset search before filing a lawsuit.
Uncover Assets and Liabilities
When filing a lawsuit it is natural to want to avoid an extensive receipt of attorney fees only to learn that the person you are suing cannot pay the judgement and has nothing of value. Many people will move forward to a lawsuit to find out there was no gain. Many time the one filing the lawsuit may believe there is plentiful liquid assets when none is actually there. Before you file a lawsuit on someone, an asset search can be a great tool. A professional private investigator can conduct an asset search and thereby reveal a person’s liquid assets as well as any hidden assets they might have. Additionally, a pre-litigation asset search can also provide a more complete picture of the debt the person owes. At times, debt or payments to certain entities will override your lawsuit, which mean you will not receive any money until other debts are paid. IRS taxes is one of them. An asset search can greatly help you determine if a lawsuit will even be worth your while and all assets as well as the liabilities should be considered.
Information Provided During an Asset Search
A private investigator can be hired to perform an asset search for Pre-litigations. When a person feels you are about to take them to court, many people will attempt to hide or conceal their assets. However, a private investigator is very thorough and can discover a number of assets such as:
• Homes, Motor Vehicles, Boats, and Planes
• Trusts, Brokerage, and Retirement Accounts
• Shell Companies
• Corporate Affiliations
• Liabilities
• Bankruptcies, Judgments, and Tax Liens
• Other Civil Litigation
With a thorough asset search, you will better know when to process or back out of a lawsuit. You may be surprised to discover, even when a business is involved, there may not be any profit. When you want to be confident in the lawsuit, consider seeking your own asset search.
Why Pursue a Pre-litigation Asset Search?
When your pre-litigation asset search reveals the person and company does in fact have significant assets, you may think it is time to file the lawsuit. However, even if you win the lawsuit you may not receive any money. When hiring a private investigator you should never just ask the question, “do they have money”? There are other question you should ask beside whether or not they have money such as:
– Is the person or business collectible?
– Can the misappropriated or embezzled funds be recovered?
– Is there enough capital to support the loan?
– Can the assets be authenticated before a merger or acquisition?
– Can the expenses be recuperated?
= What are the tangible and intangible assets?
Private Investigations, Security & More in Greater Miami, Sunny Isles, Fort Lauderdale, Boca Raton, Weston, Plantation City & Miami Gardens Florida
If you want to file a lawsuit but want to make sure it is worth your time, effort and money, contact Advanced Private Investigator & Security of Miami, FL today for an asset search investigation today.
