Winning the court case means that it has been determined that the other party is at fault and must pay up, but it is rare that the party actually does so. If this person were willing to take responsibility no legal action would have been necessary. 

One popular way of avoiding payment if for the person or corporation involved to hide their money then claim inability to pay. Asset searches are necessary to find the party’s financial resources. Once they money is found then further action can be taken to make sure it ends up in your hands. 

There are countless tricks people use to hide their wealth and that is what makes asset searches so challenging. Techniques can be as simple as withdrawing their savings in cash and burying it in the backyard. People can hide the money in accounts under the name of a child, friend or other willing party. Methods can get as complex as a web of false identities using stolen Social Security numbers.

This entry was posted on Wednesday, June 3rd, 2009 at 2:20 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.