Tracing/Tracking of Assets
Tracing /Tracking of Assets refers to identification of assets placement as collateral with Banks against bank financing. It also include tracing of immoveable properties in government records to find correct owners.
Why Tracing/Tracking of Assets?
Will-full bank defaulters usually provide fake documents of assets against their borrowings to make fraud. While enforcement, the bank faces difficulties recover their due by selling such assets. Before filing legal suits, the bank should get proper information about the assets including owners etc.
Benefits of Tracing/Tracking of Assets
It has following benefits attached to it;
- Proper knowledge of profile of collateral
- Proper investigation
- Proper legal course of action
- Proper fixation of responsibility
JASB has knowledge and experience to trace and tracking assets in Government records for our valued clients.
We render high-quality and cost- competitive services to our clients by making best use of technological resource. We do believe in providing value added services to our valued clients with respect to engagement.