For those of you who are employed in the personal injury profession, conducting a thorough asset search is critical in protecting yourself from a potential lawsuit from your own client someday.  Many times there may be insufficient insurance to make your client whole. Before you settle their claim, a quick asset search can satisfy your […]

For those of you who are employed in the personal injury profession, conducting a thorough asset search is critical in protecting yourself from a potential lawsuit from your own client someday.  Many times there may be insufficient insurance to make your client whole. Before you settle their claim, a quick asset search can satisfy your […]

  If used properly and if conducted by a reputable asset search company, asset searches can be used as a valuable tool in divorce. Before you enter into discovery, or accept your adversary’s financial statement, shouldn’t you be certain that all assets are declared? What happens to an attorney who fails to inform the client […]

  When looking to conduct an asset search, it is important to carefully choose a qualified asset search company to assist you. The internet has become second nature for the majority, making it easy for someone to create a website that could potentially scam you or provide invaluable information. Therefore, it is important to research […]

When choosing a new business partner or vendor for your company, shouldn’t you be fully aware of their financial health? Also, when proceeding with a lawsuit, isn’t it important to verify if the subject has sufficient assets or outstanding liabilities to decide whether it is even cost effective to proceed with an action? By conducting […]

The individual (or bank or trust company) that is appointed to settle the estate of the testator under a will is called an executor or personal representative.  If there is no will, a person, usually a family member, will be appointed to deal with the decedent’s estate, and the appointed person is called an administrator.  […]

“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 […]

Since the Financial Services Modernization Act was signed into law on November 12, 1999, it is no longer permissible to obtain bank account information from either banks or bank customers by the use of false pretense. We have been repeatedly asked the question: if I can’t get the bank account information, should I even bother to conduct an asset search?

“Attorneys assisting attorneys and other business professionals in satisfying their due diligence in locating assets & liabilities.”

You should be very cautious when someone is offering to provide bank account search, especially if you are an attorney requesting the information on behalf of your client.