Asset Discovery
Steps to Consider Before and After Legal
Proceedings
1.Introduction
Money is the lifeblood of modern society and the assets that we
accumulate by spending money can be seen as metaphorical organs.
This is particularly so when it come to a business where both
assets and financial means are used in supporting its operations.
With that in mind, it can be vital for interested collaborators to
look into assets of their possible partners before going into
ventures with them. This will be doubly vital when litigation
becomes necessary and debt recovery processes are underway in the
courts.
With that backdrop to consider, this newsletter will look into
two situations first, before a business relationship is entered,
and second, when the business relationship ended, and a court
judgment has been obtained based on sums owed by the
counterparty.