Asset Locaton and Recovery

Asset Location and Recovery

Parrent Smith Investigations provides our corporate and individual clients with asset searches for a variety of purposes: when a client needs to know if a potential business partner, merger or acquisition target, customer or supplier is financially sound, when there is a suspicion of fraud inside a client's company, in family law investigations or when a client needs to collect on a judgment or recover stolen assets.

As many client soon realize, in the civil justice system, securing a judgment against a defendant, whether it be an individual or a company, is only half of the battle. The second half is trying to find enough assets to satisfy the judgment. Parrent Smith Investigations with its collective 75 years of investigative experience has the ability to find bank accounts, stock accounts, real estate and vehicles or any other assets of value, ANYWHERE IN THE WORLD.

Not only do we find the assets, we know how to assist clients in enforcing judgments, whether it is through a levy, attachment, or in the case of assets outside of the USA, in securing letters rogatory in whichever country the asset may be. (Letters rogatory are requests for judicial assistance from a court in one country to a court in another country. They can be used to request service of process, assistance in obtaining evidence, or enforcement of judgments.)

We once tracked down a judgment debtor who lived a fairly nomadic life, traveling from flea market to flea market selling gold jewelry. We arrived with a sheriff and a writ of attachment/seizure and confiscated his entire inventory.

We also have traveled half way around the world to find 7 million dollars in a small island country that had been stolen from a client company's bank account. We acted as the client's legal agent, hiring a local law firm to handle the civil aspect of recovering the money and working with that country's law enforcement agency to make sure the crook went to jail. (See Insurance - Wire Fraud.)

Our asset investigations can provide any or all of the following:

Asset Location
Asset Tracing
Asset Recovery
General Financial Investigation
Bankruptcy Fraud Investigations
Money Laundering Investigations
Embezzlement Investigations