Financial Institutions (banks, private money lenders etc.) are often faced with mounting “bad loans” or non-performing loans (NPL’s). When the process of money recovery and debt collection begins, non-paying borrowers will screen their tangible assets in extremely clever ways in the form of overseas banking accounts, cash at bank, available stocks and shares, assets such as art objects, property, jewelry and the use of nominees which is a popular and proven method to avoid loosing these assets.
At best, these institutions, companies and organizations are only able to recover a limited amount which is minuscule as compared to the borrowed amount. Without the right expertise, the recovery of the full debt becomes a time consuming or impossible exercise and is extremely expensive. To salvage and address this situation, we recommend to our clients to commission a detailed Asset Trace Exercise. This will enable financial institutions to recover the outstanding money and consolidated debts effectively.
Our AR INTELL specialized Asset Tracers Having successfully developed proven creative techniques and with a wide international network of experts at our disposal across borders, we could easily produce the evidence for clients to recover the money and other financial assets that would otherwise have to be written off.
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