Comprehensive and Nationwide Asset Search Only $185.00

comprehensive and nationwide asset search only $185.00 Comprehensive and Nationwide Asset Search Only $185.00 hidden assets 300x225

Turnaround: One (1) to three (3) days. 

Locates the assets and liabilities of your subject in all fifty (50) states, including, but not limited to, the following:

Real estate and deed transfers

Mortgage information (when available)

Federal and state tax liens and encumbrances

Uniform commercial code liens (UCC Filings)

Motor vehicle and registration information

Watercraft Aircraft FAA pilot license information

Professional licenses held by subject

Bankruptcies Judgments

Associated businesses with subject

Current addresses and phone numbers

Voter registration information

Concealed weapon permits A/K/A’s and D/B/A’s of the subject

Criminal records Sexual offender records

Neighbors and relatives –

See more at: http://www.assetsearchesplus.com/asset-search-coverage/individual-asset-search/

Asset Searches for Investors

 

If used properly and if conducted by a reputable asset search company, asset searches can be used as a valuable pre-investment tool for an investor. www.assetsearchesplus.com asset searches for investors Asset Searches for Investors Copy of Post Asset Search Legal Tools Tw 1 1024x576If used properly and if conducted by a reputable asset search company, asset searches can be used as a valuable pre-investment tool for an investor, partnership, joint venture or other business entity before they enter into a contract. Often is the case when an investor or attorney has a client that is about to do a deal and knows very little about the other side other than by “word of mouth” or what they could Google. The question then becomes whether to take a chance and just invest and/or contract or whether one should do a little more digging to satisfy your ” due diligence. ” Moreover, what duty does the investor or attorney have to his client to inform them of potential liabilities, liens, lawsuits or state and federal criminal records that the subject has that could endanger the deal. Also, what happens to the attorney or investor who fails to inform the client or other partners that they could have conducted an asset search to uncover all existing liabilities?

Most asset searches cost less than $300.00. At Asset Searches Plus, Inc., for example, a nationwide asset search costs $185.00 for an individual subject and $165.00 for a corporate entity. At the very least, shouldn’t the client or your partner be given the opportunity to pay for and conduct a search just in case there are significant liabilities associated with the subject or their company? If the client or partner refuses, the attorney and investor are protected. If the client agrees to conduct the search, then the investor and attorney and partner have satisfied their “due diligence” by conducting a nationwide asset search, which may very well reveal additional liabilities and exposure. In addition, where the subject may be concealing existing or prior litigation involving the subject matter of the deal… or debt, prior bankruptcies, liens and the like, the asset search report will provide a road map for the investor, partnership or joint venture.

A thorough asset search provides existing assets of the subject such as what they own for real estate and other personal assets together with the liabilities mentioned above that are associated with the subject, such as, other lawsuits, bankruptcies, state and federal tax liens, uniform commercial code filings and state and federal criminal records. These searches usually take 1-3 days to conduct. Detailed reports are then emailed to the investor to share with their client or the partners. Upon receipt, an informed decision can be made with you and your counsel with how to proceed with the deal. Remember, “if there is nothing to obtain, there is nothing to gain.” If after reviewing the asset search report, it can be reasonably established that the subject(s) of the business deal is a legitimate player, then you can be more confident in entering into a contract or not… depending on the search results.

Under most circumstances, asset searches verify the following:

(a) The subject’s name and address and all alias names;
(b) Driver’s license information;
(c) Real estate;
(d) Motor vehicles;
(e) Watercrafts;
(f) FAA certifications and aircrafts;
(g) Professional licenses;
(h) Bankruptcies;
(i) Liens and court judgments;
(j) UCC filings;
(k) Corporate entities associated with the subject;
(l) Voter registration information;
(m) Sexual offenses;
(n) Employment information; and
(o) State and federal criminal records.

The only information that is usually needed from you or your client is the subject’s name and last known address, which can be filled out online or on an order form, which can be faxed and mailed to your office.

Finally, when choosing an asset search firm, make sure to ask the following questions:

1.) Does the firm have attorneys on staff that understands why you need the information and generate reports that are most useful for the joint venture, investor, attorney, partners or their clients?
2.) Do they only use “legal” and reliable sources and methods to conduct their searches?
3.) Does the firm stand behind the quality of their work?
4.) Does all work remain confidential?
5.) Does the firm provide a professional looking report that you will be eager to share with your client?

For additional information, please contact us at 1(800)290-1012, or at edamaral@assetsearchesplus.com or www.assetsearchesplus.com.

ASSET SEARCH DUE DILIGENCE

asset search due diligence ASSET SEARCH DUE DILIGENCE it is imperative to conduct an asset search in order to satisfy your due diligence on behalf of your client 1 300x251“CYA” or otherwise referred to as, cover your ass, is my recommendation to those of you who are employed in the personal injury, collections, divorce or corporate due diligence professions. For to satisfy ones due diligence is like buying fire insurance…in that you hope that you never need it but you’re dam glad you bought it if you did. This article deals with why it is imperative to conduct an asset search in order to satisfy your due diligence on behalf of your client regarding the above-mentioned.

Personal injury attorneys are the group most susceptible to a lawsuit by their clients if they fail to satisfy their due diligence by conducting an asset search on the defendant who caused harm such as with an auto accident or other tort. If the insurance coverage is insufficient to satisfy the damages in your case, the PI attorney has an obligation to his or her client to at least recommend that an asset search be conducted to determine if there are additional assets that the defendant owns that can be attached to satisfy and compensate the client for their injuries. The client must be informed as to what an asset search provides, how much it costs, and how it could be beneficial to their case.

Most asset searches cost between $ 165 to $ 350. At Asset Searches Plus, Inc. for example, www.assetsearchesplus.com , a nationwide asset search on an individual costs $ 185 per subject and a corporate asset search costs $ 165. If the client is unwilling to pay for the search, than the attorney is covered. But since there is usually a contingent fee agreement, the more the client can recover the more the attorney can be paid for their services…. so it makes sense to conduct a search as part of your routine practice.
Moreover, since most asset searches provide not only assets but also include the liabilities of your subject, the attorney and their client are able to discover at the outset of their case whether it would be cost effective to bring a lawsuit against the defendant. These liabilities include, but are not limited to; state and federal tax liens, bankruptcies, uniform commercial code liens, judgments and other lawsuits. Even if your subject has assets, their liabilities may far exceed the assets. So it pays to look before you leap.

And aside from locating a person’s real estate, recent deed transfers, automobiles, planes, watercraft, patents, trademarks and professional licenses, a thorough asset search will also provide what entities are associated with your subject that could also be holding assets. Entities such as trusts, limited partnerships, and corporations. More important, if title to the assets is held jointly with another party, their identity will be revealed as well.

So to with the wonderful world of divorce, divorce attorneys will tell you about the “divorce warning zone” which is the period of time of 6 months to one year before the divorce is filed. Due diligence and prudence suggest that an asset search be conducted on the divorcing spouse in order to take a snap shot of the assets at the outset of the case just in case assets disappear during the divorce. Likewise, once the party’s respective probate and family court financial statements are filed and received, they need to be verified by way of an asset search. Most important, an asset search will set the frame work for well drafted discovery. The same applies to collection attorneys or collection agencies who are trying to satisfy their due diligence in ensuring that their client’s debt can be secured and collected.

Finally, asset searches today can provide a wealth of information on a subject other than what their assets and liabilities are all about. They can provide information on whether your subject is in the armed services; who they are employed with; whether they are a director or officer of a publically traded company; civil or criminal records; driving records; family members and neighbors and the geo-economic surroundings of the subject. This information can be especially helpful the person responsible for hiring a new employee or when corporate due diligence is required before a possible merger.

These are just of a few of the many good reasons to conduct an asset search and in doing so, you have CYA and have added value to your client’s case while at the same time, eliminated potential headaches.

Why Conducting an Asset Search is Critical in any Personal Injury Case.

Why Conducting an Asset Search is Critical in any Personal Injury Case. why conducting an asset search is critical in any personal injury case. Why Conducting an Asset Search is Critical in any Personal Injury Case. Why Conducting an Asset Search is Critical in any Personal Injury CaseThere is never a perfect personal injury case. Sometimes you have clear liability and a serious and well documented injury, but limited or minimal insurance coverage. It’s like playing the slots in Vegas, you get two but not the three lemons needed win. If that is the case, every personal injury attorney has an obligation to seek the additional assets of the tortfeasor that may be available to “reach and apply” in addition to the inadequate insurance. If an attorney ignores this obligation and the client later finds out that they could have received additional compensation, then the attorney and their firm have opened themselves up to potential and probable litigation.

Most asset searches cost less than $ 200.00. So, at the very least, the attorney should recommend to the client that a search be conducted. If the client says no, then the attorney is covered. If the client says yes, then you may hit a home run and uncover additional assets that can be attached, thereby increasing the client’s recovery and the attorney’s fee. This request should be on the check list of every personal insurance case and be conducted routinely by the attorney or their paralegal.

Asset searches can also let you know who else the tortfeasor resides with and who else owns a vehicle in the tortfeasor’ s home, which may in turn, provide other insurance policies and additional coverage that may be available to your client. Moreover, the asset search usually provides the most current and accurate address of the tortfeasor for initial contact or service of process. The asset search will also provide driver’s license and motor vehicle ownership information as well as any corporate entities that the subject may be associated with that may have an interest in the ownership of the vehicle or coverage.

Some asset searches even provide driving records in some states and civil violations which may help your case.

For additional information on how to conduct an asset search and what is included in an asset search, please click here to download an eBook on conducting an asset search.

Best Regards,

Edward L. Amaral, Jr.