It has become increasingly important over the past few years for businesses and companies to collect debts that are owed to them. The economy has been in poor health; banks have cut back in lending; the bankruptcy and unemployment rates are at an all-time high; and the price of gasoline and oil is through the roof; all making it much more difficult for companies to receive funds necessary to cover their costs.
However, with the help of asset search companies, businesses have been able to recover tens of thousands of dollars that would otherwise still be owed by non-paying clients. If you are the owner of a business or company that is suffering financially because customers are ignoring invoices, telephone calls, and correspondence regarding their past due accounts, the best step to take is to conduct an asset search to see if there are any assets to reach and apply or attach.
Conducting an asset search is quick, easy, and affordable. Most asset searches cost less than $300.00 and the reports are forwarded to your attention within a week. 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 and the search report is forwarded to you within one (1) to three (3) business days. Once you receive the report, you and your attorney can decide whether there is anything of value to obtain from the debtor and proceed with the appropriate course of action.
Remember, if there is nothing to obtain, there is nothing to gain. Under most circumstances, asset searches provide you with the necessary information to attach assets or to aid in the decision making process of whether to pursue or settle a claim, such as by providing the following: The subject’s name and address; Driver’s license information; Real estate; Motor vehicles; Watercraft; FAA certifications and aircraft; Professional licenses; Bankruptcies; Liens and judgments; UCC filings; Corporate entities associated with the subject; Voter registration information; Sexual offenses; Employment information; and State and federal criminal records. The only information that is usually needed from the attorney or client to conduct an asset search is the subject’s name and last known address.
Stop playing chasing games with non-paying clients and try conducting an asset search today!
This post was originally published in December of 2014.
For additional information, please contact us at 1(800)290-1012or at info@assetsearchesplus.com or www.assetsearchesplus.com.
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