A wealth search investigation or check is locating public records that confirm the presence of personal property or real estate that a person or corporation owns. The motive behind these searches is to uncover any value or potential liabilities associated with a property. When you conduct wealth search investigations regularly to help people and companies satisfy their injury cases, verify financial statements, or collect a debt during a child support or divorce case. In a way, we can say that Wealth Search Investigation also helps us in making any financial decision. Keep reading to know more details on the same.
How does a wealth search investigation work?
Depending on why the client needs a wealth search investigation, we at Proman Securitech include a basic background check, financial investigation, computer investigation, or surveillance work. Such searches uncover what sorts of collective assets someone owns and what is the security of those assets.
Only a wealth search investigation conducted by a well-qualified private investigation company like Proman Securitech can find out if a person or business is using a fictitious business name, hiding assets, committing frauds, or having several judgments.
Do you need a wealth investigation?
You may want a wealth search investigation in the following cases:
- If you are a business owner, a wealth search investigation can reveal the state of a company or person’s assets. You might want to know the state of property of someone you want to do business with. It is the only way to confirm whether your business partner is financially trustworthy or not. Wealth Search Investigation Helps You Make Financial Decisions in Your Business.
- If you are a victim of financial fraud, you can consider a wealth investigation. Someone might claim that they do not have money to return your capital. A wealth check will confirm if their claims are true or false. The investigation will give you the proof to show that the person has assets they are denying to declare.
- If you own money, a wealth investigation will specify if you should go to court or not. If the person who owns your money claims they cannot pay it back, a search will confirm or deny this case. You can go to the collection agency or small claims court with a wealth investigation report on how many collectible assets a business or individual owns. You will also get an idea of where you stand concerning other lenders suing the same person or company.
What are the types of wealth search investigation?
Proman Securitech helps in conducting the following types of wealth investigations:
- Corporate Wealth Search
Corporate wealth search uncovers corporate filings, real estate and deeds, judgments, corporate associates, bankruptcies, available loan information, and vehicle registration. It also finds out about current contact information, federal & state tax liens, employee benefit information, and UCC filings.
- Individual wealth search
This investigation uncovers real estate & deeds, criminal records, judgments, bankruptcies, available mortgage details, motor vehicle registration and liens, and watercraft registration and liens. Also, know about aircraft registration and liens, UCC filings, federal and state tax liens, and A.K.A.s or D.B.A.s of the individual through this search.
- Other types of wealth searches
These uncover civil records, criminal records, liabilities like judgments, and missing person records.
Wrapping it up
Since online scams have become common, always conduct a wealth search investigation by a trusted company like Proman Securitech. We always seek all the relevant and valuable information legally. Thus you can use this data efficiently and prevent getting cheated.