Asset Search

The asset search is used to reveal the financial profile of an individual or business. The asset search can be useful in matters involving litigation and in general business law. There are several levels of the asset search, from a basic search of public records to very thorough “deep” asset investigations, which can reveal hidden assets such as offshore accounts.

The Asset Search is indispensable when settling lawsuits. If an offer to settle a suit is made by an insurance company, such as in an auto accident case, the plaintiff’s lawyer needs to be sure that the defendant does not have independent means to cover claims that exceed the insurance policy. If the policy were to be accepted and at a later date it is found that the defendant had significant assets, the plaintiff’s attorney would be liable for the excess claim.