An asset search can be an important part of both a domestic investigation and a corporate investigation in Greenville. It can reveal valuable information that will later on be utilized to build a successful case. Asset searches are valuable tools for data collection during personal injury claims, car accident investigations, divorces, unpaid child support cases, and even before a business deal is completed.
An experienced Greenville private investigator will know how to handle the asset search, delivering the most comprehensive and reliable type of information. Here’s everything you need to know about the procedure and its complexities.
What Is an Asset Search?
Let’s start with the most important questions first. Who has the right to uncover such sensitive information about individuals of interest? Asset searches can be performed by private investigators who are registered and licensed in South Carolina. Their work has to correspond to all requirements listed in South Carolina Code Title 40, Chapter 18.
An asset search aims to locate records and other kinds of evidence that establish one’s ownership of a certain asset (a house, a car, savings account). Asset searches can also be used to verify the authenticity of financial statements, figure out whether certain financial activities are fraudulent, and eventually initiate debt collection.
Asset searches have a broad scope and can be used to identify ownership of one or more of the following:
- Properties
- Vehicles, motorcycles, boats, airplanes, etc.
- Bank accounts and savings accounts
- Safe deposit boxes
- Retirement and investment accounts
- Business assets and business affiliations
- Alternative income sources
How Does a Greenville Private Investigator Complete an Asset Search?
As you’ve probably concluded already, asset searches often involve the identification and collection of sensitive types of information. That’s why only registered and licensed South Carolina private investigators should handle such tasks.
The asset search process involves multiple steps. Some of the most important things a private investigator will do to uncover such information include:
Compiling Background Information
A private investigator will first need to gather as much information about the person of interest as possible. They’ll run a background check, look into employment files, and explore financial activity. Personal interviews and social media surveillance can also be used to access important facts.
Public Record Scanning
Through access to public records, private investigators will gather information about property, car, and insurance ownership. Some databases that have restricted access will also be available for private investigators to employ and get a complete asset profile.
Skip Tracing
Private investigators are often capable of finding individuals that will be difficult to locate otherwise. These Greenville professionals will also trace hidden assets through their professional network and access to sources that aren’t publicly available.
Surveillance
Apart from doing research, registered South Carolina private investigators will also engage in surveillance as far as asset searches are concerned. Monitoring an individual’s behavior can reveal what banks and financial institutions they’re visiting and what they’re spending money on. Surveillance will be especially important whenever the investigation revolves around eventual concealed assets.
Digital Forensics and Other Technological Solutions
Someone’s digital footprint can be easy to trace, as long as a professional has the required knowledge. Private investigators will often employ innovative technologies like GPS tracking, specialized software, high-resolution cameras, and others to learn more about assets, expenditure, and ownership.
A Greenville Private Investigator Can Help With an Asset Search
Talking to a reputable private investigator about your particular circumstances will help you determine whether an asset search is required to build a solid case.
If you aren’t confident about a person or a company’s financial status, you can employ an asset search to get more clarity. You will know if the entity under investigation is financially trustworthy and if they’ll get to fulfill an obligation that they have. Needless to say, having such information will prove invaluable in various personal and corporate scenarios.
Contact our experienced team of private investigators in Greenville now at 864-671-4040 and let us know what you’re dealing with. We will recommend the surveillance methods and background checks bound to reveal the most useful details.