Is your judgment debtor hiding assets or money? If you are not sure and need to find out, there are some steps that you can take.
In fact, there are a number of ways to find out if someone is not telling the truth or hiding assets. A judgment and fee collection lawyer can help you get access to records that can reveal whether someone is hiding or not. You can click here to understand the different ways a judgment and fee collection lawyer can help you find out if a judgment debtor is hiding assets or money.
Here are different ways you can find out if a judgment debtor is hiding assets or money.
Locating bank accounts and investment accounts
A judgment debtor can be hiding money from you in a bank account. What better way to hide money than to put it in an investment account? You can locate these investment accounts with the help of a judgment and fee collection attorney. They can also help you go to court to get a judgment against the investment account.
Going through land records to look for property ownership
Many judgment debtors use land records to hide their assets. You can consult with a qualified lawyer on how to do this. The lawyer can help by doing some investigation and finding out if there are any hidden properties registered under the judgment debtor’s name.
Reviewing past transactions
In most cases, a judgment debtor can easily hide assets or money by simply making transactions in various outlets or financial institutions. In some instances, the judgment debtor can even make transactions under a fictitious name. If you have any evidence that shows how you could be able to recover your money, do not hesitate to use it. A judgment and fee collection lawyer could also help you identify these fictitious names in order to go after the real property of the wrongdoer.
Issuing an information subpoena
A judgment debtor is not always hiding assets or money, sometimes he is just hiding money from you. Your judgment and fee collection lawyer can advise you to issue an information subpoena in order to obtain bank records and other records from the judgment debtor’s financial institutions. This will help you to track down the judgment debtor’s assets and money.