Getting Paid! Determining the Debtor's Financial Status

What are the debtor's assets?How can IHousehold Goods
determine what the debtor owns? First, you mustMusical Instruments
determine what are the assets of the debtor.Crops
This basically means- If the debtor does not haveAppliances
cash, what do they own and could be sold toTools
make up the amount that the debtor owes onPromissory Notes
their debt?Below is a check list for conducting anPatentsGetting the Financial Answers
asset search.Historical Financial Standing- Payment schedule
__ Up & Down __ Steady __ TragedyCurrent- Who makes the payments?
Financial Standing- Why?Getting Good Money
__ Job Status __ IFM Job Status __ WindfallsMoney sources
__ Home StatusFuture Financial StandingCash
Tax Refund Job Bonus Commission CheckMoney Order
SettlementCredit Card
Big Sale Family Health Moving Birth DeathWhatDebit Card
assets are available to the debtor?Western Union
Motor VehiclesMoney Gram
Boats / Watercraft PlanesAllotment
Deeds of TrustsDirect Deposit (ACH)
Tax LiensDeferment / Extension
JudgmentsDue Date Change
401ksCheck By PhoneGetting the Payment NOW
LawsuitsWhat is your contact schedule with the debtor?
UCC Filings- When do they have the time in their day to
Partnershipstalk to you?
Inventory- Remove the distractions
Owned Equipment- Schedule the next contact timeWhat is keeping
Royaltiesthe debtor from making the payment, RIGHT
ContractsNOW?
Accounts Receivable- Make time in your schedule
Till Tap- Remove excuses
Bank Accounts- Ask!Future Payments
WagesSee beyond the end of the month Setup 2
Other Incomepayments at time Leave messages with EXACT
Stockscontact information.Please keep in mind that
Bondsdifferent states have different laws. Please check
Wearing Apparelwith your legal concel for direction.As Always.
AnimalsHappy Hunting.
Books