Phenix Investigations specializes in asset investigations, providing essential financial insights for a wide range of scenarios. From debt collection to due diligence, uncover the importance of asset investigations in safeguarding your interests and making informed decisions. Trust Phenix for ethical and professional services with discretion and integrity.

Discover the power of asset checks in uncovering hidden wealth within complex financial networks. Our blog post, 'Uncovering Hidden Wealth: The Power of Asset Checks,' explores the crucial role of private investigators in conducting comprehensive asset checks. Learn how these checks can reveal concealed assets, their legal implications, and their impact on various scenarios, from legal cases to personal matters. Are you leveraging the power of asset checks in your pursuit of truth and justice? Dive into our blog post to understand more.

Having trouble collecting from people who owe you money? Sometimes, individuals or companies who wish to withhold payment for debt or an obligation will attempt to hide their assets from those who may have legal interest in them. Hidden assets are commonly encountered in divorce suits, but these may also be factors in cases of debtors who wish to avoid or delay their payments.

Secrecy has been a part of asset protection planning for a long time. According to an article in Forbes.com: “Some folks don’t want their competitors to know how well or how poorly they are doing, or that they have made key investments or divested assets.” The article further says: “Some folks think that the less potential claimants can find in potential assets, the less of a target they are to lawsuits”. Thorough asset investigations can help reveal any hidden assets and properly identify a debtor’s possessions.

If you are in a position where a person or a group owes you money, but they claim they can’t pay you, you can benefit from asset investigations. Asset investigations can take place in a number of circumstances, including cases that involve spousal support during a divorce settlement or in a global business dispute. Essentially, asset investigators work as detectives that aim to uncover the financial holdings of those who would rather keep these records hidden.

Being indebted, regardless of how much is owed, can indeed be a difficult and frustrating experience. Not known to most debtors, these are the same sentiments that creditors feel when they don’t get paid back. Creditors also desire to wipe out all loans as much as borrowers do, but only when they get back what is rightly owed them, or at least, as much of that as possible.

Insurance is unquestionably no stranger to hidden assets. Subrogation and insurance fraud both being examples of when an insurance company intends to recover monies paid and often that money isn’t readily accessible. Hidden asset investigations during these recoveries ultimately help both the insurance company’s bottom line and keep premiums lower for the customers.