Should You Run an Asset Search if You Have a Judgment?

• Many people with a judgment wonder if an asset search can help them collect what they’re owed.
• Key factors to consider before running an asset search.
• Pros and Cons of Running an Asset Search
  • Cons:
    • Cost of hiring a professional investigator.
    • Potentially spending money without guarantee of recovery.
  • Pros:
    • You can conduct an asset search yourself with proper research.
    • A well-done search provides a clear picture of the debtor’s holdings, including bank accounts, real estate, and vehicles.
    • Helps track fraudulent asset transfers, which can aid in garnishment and recovery.
• Legal Considerations
  • Asset searches must comply with state and federal privacy laws.
  • The Graham-Leach-Bliley (GLB) Act governs how private records can be obtained.
  • Ensure any hired investigator follows GLB-compliant methods to avoid legal trouble.
• How an Asset Search Helps Judgment Collection
  • Identifies available assets to attach your judgment to.
  • Allows you to track financial changes over time.
  • Can reveal fraudulent transfers that may support legal action.
• Get Expert Guidance
  • Visit ActiveIntel.com for instructions on conducting an asset search.
  • Schedule a live one-on-one consultation with a licensed private investigator.
  • Need expert advice? ActualHuman.com offers access to professionals in private investigation, real estate, civil court mediation, and more.

🔗 Click the link below to schedule a consultation or learn more!