Asset Tracing

Hidden Assets


Outstanding claims lead to an asset tracing investigation of equity worth at least £1m

Background

An Insolvency Practitioner of a company in liquidation was unclear of the assets of a director.

Issue

The Investigations team were asked by the Insolvency Practitioner to identify the assets of the director on whom they had outstanding claims for around £700k.  

Outcome

Following subsequent research and field investigations the team identified 4 UK properties and 1 Spanish property with realisable equity of at least £1m.


Services