Enforcement Asset Check

✅  Peace of mind!

All of our pre-enforcement asset check services are fee per case and supplied on a full and final basis.

ℹ️  We don’t need much!

All you need is the persons name and either their old address or date of birth.

💨  7 days fast!

Normally just 7 days and a maximum of 30 days.

💸  Only if we can’t locate someone!

All pre-enforcement information is supplied on a full and final basis without any retrace guarantee.

ℹ️  Asset & Liability Information

A pre-enforcement financial asset and liability check is a comprehensive investigation conducted by highly experienced and professional investigative pre-litigation analysts. This process involves gathering crucial information about a debtor before a pre-enforcement visit by bailiffs or high court enforcement officers. By confirming and validating the current address, identifying key assets, assessing financial status, and uncovering potential liabilities, this check provides valuable insights to facilitate effective enforcement actions.

The primary objective of a pre-enforcement financial asset and liability check is to ensure that the enforcement officers have accurate and up-to-date information about the debtor. This helps them streamline their operations, minimize the risk of denied access at the debtor’s premises, and enhance the efficiency of the enforcement process.

A pre-enforcement financial asset and liability check is typically used in pre-enforcement visits by bailiffs or high court enforcement officers. By providing crucial information about the debtor’s address, assets, financial status, and relevant background details, this check equips enforcement officers with the knowledge necessary to effectively enforce judgments and recover outstanding debts. It enables them to prioritize enforcement actions, seize valuable assets, and adopt appropriate strategies tailored to the debtor’s financial circumstances, thereby increasing the chances of successful enforcement and debt recovery.

💻  Online research experts!

A pre-enforcement asset and liability report on a debtor in the UK can be extremely helpful to a creditor as it can provide crucial information about the debtor’s assets, liabilities, and overall financial standing. Such reports can be conducted before legal proceedings begin, allowing the creditor to assess whether it is worth pursuing the debt or not, given the debtor’s ability to repay.

This report would usually include information about the debtor’s assets and liabilities but this list can be limited by availability or GDPR compliance.

1. Income: Regular earnings and their source, for example, employment or self-employment identification.
2. Property Ownership: Any properties they own, either solely or jointly.
3. Investments and Savings: Details about any major assets that the debtor has but this can be limited due to data protection.
4. Company Ownership/Participation: Information regarding any companies the debtor owns or is involved in, which might indicate potential assets or income sources.
5. Vehicles: Cars, boats, or other vehicles owned by the debtor but this can be limited due to data protection.
6. Liabilities: This includes any other debts the individual has in respects of outstanding CCJs, or financial obligations, which could affect their ability to repay.
7. Bankruptcy or Insolvency History: Any previous bankruptcies or insolvencies, which might indicate a riskier debtor.
8. Court Judgments: Any previous or ongoing litigation, including County Court Judgments (CCJs), which could affect their ability to pay.

By thoroughly analyzing these factors, the creditor can identify which assets may be available for enforcement of a CCJ, should they successfully obtain one.

In terms of enforcement of a CCJ, the information from the report can guide the creditor to select the most suitable method. This avoids a trial-and-error approach, saving time and resources. Instead of guessing, the creditor can make an informed decision based on facts.

Here are the most common methods of enforcing a CCJ, and how the pre-enforcement report can help select the right one:

1. Warrant of Control/Writ of Control: This enforcement allows bailiffs or High Court Enforcement Officers to seize and sell goods owned by the debtor. The report can reveal if the debtor possesses valuable physical assets that can be sold to recover the debt.
2. Attachment of Earnings Order: This order requires the debtor’s employer to deduct payments directly from their earnings and send them to the court. The report can confirm whether the debtor is employed and thus if this method is viable.
3. Charging Order: This enforcement secures the debt against property or investments, such as stocks or bonds. The debtor cannot sell these assets without paying what they owe. The report can confirm whether the debtor owns property or other assets that could be used for a charging order.
4. Third Party Debt Order: This enforcement freezes money held in the debtor’s bank or building society account. The report can reveal if the debtor has significant funds in their accounts.
5. Bankruptcy Proceedings: This enforcement may be viable if the debt is significant and other methods have failed. The report can show if the debtor has previously been declared bankrupt, which might affect the viability of this enforcement method.

By using a pre-enforcement report to understand the debtor’s financial situation and identify assets and liabilities, a creditor can ensure they pursue the most effective enforcement method. This makes it more likely that they can recover the debt, and reduces the risk of unnecessary costs and wasted time.

💰  Asset & Liability Information

Despite our pre-enforcement asset and liability reporting services being delivered in good faith, they may not entirely represent the subject’s status or assets, as they are based on allowable third-party data and a strict template that we follow. We comply with UK data protection regulations and do not provide personal data such as bank details, banking statement data, amounts held in any UK accounts, personal assets, company data, offshore assets, partners assets or liabilities, National Insurance data, DVLA data, PAYE, Pension, Benefits or HMRC data.