Obtaining a judgment is often just the beginning of the collection process. Without knowledge of the debtor's assets, enforcing that judgment can be nearly impossible. This is where professional asset searches become invaluable.
Types of Assets We Can Locate
Real Property
Our searches reveal property ownership including homes, land, commercial properties, and investment properties. We can identify properties owned individually, through LLCs, or in trust.
Vehicles
Vehicle ownership including cars, trucks, motorcycles, boats, and aircraft can be discovered through DMV and FAA records.
Business Interests
We can identify business ownership, corporate officer positions, and UCC filings that indicate business assets.
Financial Accounts
With proper legal authorization, we can locate bank accounts and brokerage accounts for garnishment purposes.
The Search Process
Our asset search process includes:
1. Comprehensive database search across multiple platforms
2. Public records analysis
3. Corporate records review
4. Property records search
5. UCC filing analysis
Using Asset Information for Collection
Once assets are identified, creditors can pursue various enforcement remedies including property liens, bank levies, wage garnishment, and asset seizure.
Timing Matters
The sooner you conduct an asset search after obtaining a judgment, the better. Debtors often attempt to hide or transfer assets once they know a judgment is coming.
