Asset Check

There may be several reasons why an asset check is necessary. The entity in question may be applying for a loan, and the lender maybe just want to know if they have the means to pay. It could be the entity is not being transparent with funds trusted over to them, prompting an investigation for fraud detection. Or it could also be that the entity is looking for the right person for a job.

The reasons are endless — as long as people do business with other people and with companies, there’s always that looming possibility of getting defrauded. An asset search, therefore, saves lots of dollars in legal fees in the future by doing the preventive work now, in the moment.

Whatever the reason, an asset search uncovers hidden accounts and properties in an effort to increase transparency and protect the entity from fraudulent activities. Other typical tactics that can be exposed by an asset search include using a fake business name, misdeclaring income, downplaying liabilities, or hiding some assets.

Professional asset checks give you the peace of mind to make appropriate choices and move forward with your business and personal life. Contact us for a free, confidential consultation, or call us at (714)-432-9911.