SERVICES | asset-search--1

LOCATION OF DEBTORS

Asset Search Pty Ltd has been locating debtors for over 20 years for the banking sector, finance industry and their solicitors.

LOCATION OF WITNESSES

Asset Search Pty Ltd also locates witnesses

for upcoming civil court trials.

LOCATION OF BENEFICARIES

Asset Search Pty Ltd also locates beneficiaries in probate matters

IDENTIFICATION OF NEXT- OF- KIN

Asset Search Pty Ltd has been locating next-of-kin of deceased proprietors of property on behalf of legal firm acting on behalf of Shire Councils in Victoria. Some of these investigations date back to properties purchased in the mid 1860's.

LOCATING SECURITY VEHICLES IN THIRD PARTY HANDS

When Commercial Agents or Repossession Agents are unable to locate security vehicles more specialsied sevices might be required.

Asset Search Pty Ltd has developed procedures that can successfully assist in locating who is in possession of security vehicles and the location of those vehicles.

Third party possession of security vehicles is a huge problem in the finance industry.
In many cases firms will sell existing debt when security vehicles have not been recovered.
It is possible to recover those vehicles and auction them to obtain a more realistic return.

Selling doubtful debt makes sense but selling off debt where recovery can be obtained is bad business. Selling debt does mitigate losses but the truth is that selling debt is in itself is a loss.

FRAUDULENT CONTRACTS

If you have a debt that has been incurred due to false information being supplied on an application for finance an offence of obtaining a financial advantage by deception or obtaining property by deception may have been committed.

In such cases you may wish to report these matters to police which may cause a security vehicle to be recovered by police. In Victoria in the circumstances where a company has been a victim of a crime of dishonesty for an amount of over $10,000 or more the police can apply for an order for the confiscation of assets from an offender and subsequently seize and sell the assets to that value for restitution.

In some circumstances you may notice a trend of contracts becoming delinquent by debtors of the same ethnicity, geographical location or other common denominator which may indicate that your company has been targeted by a criminal syndicate.

Asset Search Pty Ltd has conducted investigations on behalf of the banking industry where syndicated fraud has been suspected. Our company has identified offenders, their modus operandi and an analytical report has been compiled and presented to police to initiate their investigations.

PROCESS SERVING

Our company has been serving process for all jurisdictions for over 25 years. Please contact us for further information regarding our rates.