If properly conducted by a credible asset investigator, an asset search is a valuable tool in both pre and post litigation. For example, it’s not an uncommon situation when an Attorney has a severely injured client, and the liable party’s insurance limits are too low to cover the damages. An asset search can help determine if the attorney should seek those additional assets to satisfy the damages or settle for policy limits.

A hidden asset is an item of value that a person or business may have concealed for some improper purpose such as avoiding payments or settlement. Items such as property or other holdings that someone else may make a legitimate claim to if not concealed from their knowledge or access.