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Q

Please tell me how to proceed with debtor asset investigation.

FAQ LegalVistas1,687

My parents own various assets like real estate and savings, and I have no idea how much tax will be due when inheritance procedures begin. I'd like to prepare in advance — can I calculate the inheritance tax through an inheritance and gift consultation? I'd also like to know what criteria are actually used for the calculation after consultation.

debtor asset investigation

A

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Before proceeding with a lawsuit, the most important thing is to first confirm whether you can actually receive the money through a debtor asset investigation.

Even if you receive a judgment, compulsory execution is impossible if there are no assets in the debtor's name.

Debtor asset investigation is usually conducted through the court, and the most basic method is the application for asset disclosure.

This is a procedure that requires the debtor to directly write and submit to the court whether they have deposits, real estate, money to receive, etc. in their own name.

However, there are also cases where the debtor hides assets or does not properly state them, in which case you can confirm assets compulsorily against financial institutions or related agencies through asset inquiry with the court's permission.

If necessary, credit inquiry centered on bank books or card usage details may be combined to examine whether seizure is possible.

As such, debtor asset investigation is not a simple confirmation procedure but a key step for judging whether to continue with the lawsuit, so it is important to proceed in a way suited to the debtor's situation.

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