The value of a company or individual can be determined with an asset search. The wealth or existence of assets (and liabilities) of a person or company can be determined through a public record search. Reviewing properties, automobiles, liens, and other tangible items that a person or company has can be put into a basic financial profile for review. Open assets are easy to find because it can be done through public record searches while those that don’t exist physically can be more challenging. There are assets that can be intentionally hidden to hide the wealth of an individual or company. These assets can be difficult to locate due to government financial protection laws. Hiring a private investigator is a great way to find assets that can be hard to locate. Advanced Private Investigator & Security of Miami, FL lists reasons to do an asset search.
Asset Search for Attorneys; Discovery of Defendant’s Assets
If you are looking to file a lawsuit for unpaid services, it is advisable to locate that party’s assets to know what they are worth. It may be very difficult to get paid for said services if you’ve discovered that the party has nothing of value to give you. Finding out before you file a lawsuit will help you determine if it’s worth the cost and the hassle.
Locate Past Ownership & History with an Asset Search
If you are purchasing a property, an asset search is the best way to determine if the property has existing loans against it. This can help ensure that the purchase of the property doesn’t come with any debts. An asset search can also help with products. A search can locate manufacturers. This can be helpful if the product failed and has a pending lawsuit.
Perform an Asset Search to Locate a Funding Party or Investors
An asset search will discover who the real owners of a company are along with silent partners. Silent partners are often investors in the company, hedge fund investors, private monies from foreign investors. They can even be family members.
Employment Asset Search
Asset searches can also be performed to pre-screen employees in upper management for larger companies. Companies that place large financial responsibility on employees need some conformation that the employee is on the up and up. This can ensure the financial stability of a company. Financial histories can be searched to look at credit reports that will indicate collection agency debt, late payments to vendors, default notices and bankruptcies.
Asset Search Investment Opportunities
When parties come together to do business it can be very helpful to know the strengths and weaknesses or each party. An asset search will determine the financial strengths and weaknesses of a company. The report will typically include annual sales, reported revenues, payment history to vendors and the overall risk of the company.
Asset Searches & More in Greater Miami, Sunny Isles, Fort Lauderdale, Boca Raton, Weston, Plantation City & Miami Gardens Florida
Asset searches can help gather valuable information. You need to hire the right people to do it because there are restrictions facing the investigator conducting the search. The experts at Advanced Private Investigator & Security of Miami, FL know how to perform asset searches according to the law. Give us a call today!
