Debtor asset tracing
The debtor claims they have nothing to pay with? We verify that. In most cases, “insolvency” turns out to be just a strategy — the assets exist, they are simply hidden. We check public registers, our database built over 10 years of debt collection and our network of market contacts to find them.
What is debtor asset tracing?
Debtor asset tracing is one of the tools of our debt collection — we activate it when the debtor claims they “have nothing to pay with” and the case calls for a push towards enforcement. We locate assets the debtor does not disclose — real estate, bank accounts, vehicles, receivables owed by third parties.
We work from three data sources: public registers (land and mortgage registers, the National Court Register, the vehicle register, insolvency lists), our in-house collection database from 10 years of operations, and a network of industry contacts — the most valuable information is often informal. A debtor who put real estate in their spouse’s name, sold the car to a cousin, or parked money in a subsidiary — leaves traces that can be read.
The client does not order asset tracing separately and does not receive a report from us as a document. By assigning us amicable debt collection, you automatically get this tool as part of the package. We use the knowledge of the debtor’s assets in our actions — better-targeted demands, stronger arguments in negotiations, more pressure in conversations. The client gets the result — recovered money, not a report.
Insolvency is often just very well hidden assets.
How it works in practice
- 01 Stage
Case analysis within the collection
In the course of an ongoing collection we assess whether the debtor may be hiding assets. Signals: declared insolvency, no response to demands, a significant amount owed. If we see the risk — we start tracing.
- 02 Stage
Checking public registers
Land and mortgage registers, the National Court Register, vehicle registers, insolvency lists, enforcement proceedings, entries in debtor databases. That is the foundation — but only the beginning.
- 03 Stage
Cross-checking our own database
We check whether the debtor has dealt with us before, what assets they previously declared, and what companies, properties or capital ties came up in our past analyses.
- 04 Stage
Activating the network of contacts
We ask trusted industry insiders, the debtor’s former business partners and law firms. Common traces: new companies set up under a frontman, cars registered to family members, real estate under a different name.
- 05 Stage
Locating the assets
We gather information on real estate, accounts, vehicles, company ties and receivables. This is our internal knowledge, which we use in the further course of the collection.
- 06 Stage
Using it in the collection
Armed with knowledge of the assets, we run specific, well-targeted negotiations with the debtor. We show them we know where their assets are — and that changes their position. Often the mere information that we know where to look is enough to get the money moving.
How much does asset tracing cost?
Asset tracing is a standard tool of our debt collection — we activate it within the cases we handle, at no extra charge. If we take on a case and see that the debtor may be hiding assets — we look for them as part of the package. We cover the costs ourselves, because we analyse every case first. We settle exclusively on a success fee.
For anyone who wants to recover their money.
Asset tracing makes sense wherever the debtor avoids paying by claiming they have no assets — from smaller B2B cases to large enforcement proceedings. In most cases the assets exist — the only question is how to find and document them.
- 01 Cases with an “insolvent” debtor — where the debtor formally claims they have nothing to pay with.
- 02 Cases where earlier collection brought nothing — often better insight into the assets is all it takes to get things moving.
- 03 Cases with a corporate debtor after “transferring” the assets — a new company, a new address, the same owner.
- 04 Cross-border cases — where the debtor has moved assets abroad.
- 05 Cases after unsuccessful collection by another agency — where no one has dug deeper before.