Business enterprises, much like individuals, accumulate assets that range from tangible properties to intangible intellectual properties. Whether you are entering into litigation, have a judgment against a company, or aim for a financial recovery, conducting a comprehensive asset search on corporations becomes pivotal. In this blog post, we’ll guide you through the process of uncovering and accessing information about a company’s assets. For further details and resources, visit our website at

Why Conduct an Asset Search for a Corporation?

Corporations possess diverse assets, including real estate, bank accounts, vehicles, equipment, inventory, and intellectual properties like patents and trademarks. Understanding these assets is crucial for creditors, litigators, and those seeking financial recovery. Here’s a breakdown of how to uncover these assets effectively:

Where to Look for Different Types of Assets:

1. Real Estate:

  • Location: County Recorder’s Office
  • Tip: Avoid confusion with the tax assessor’s office; the county recorder’s office provides a comprehensive list of real estate owned by the corporation.

2. Vehicles:

  • Location: Department of Motor Vehicles (DMV)
  • Procedure: File a release form with the DMV, ensuring you have the corporation’s exact legal name and tax ID number. Commercial records often include insurance details, providing additional valuable information.

3. Bank Accounts:

  • Location: Utilize a bank account search similar to a private party search.
  • Requirements: Use the corporation’s tax ID number (EIN) instead of a social security number. Ensure you have the precise legal entity name registered with the Secretary of State.

4. Inventory and Materials:

  • Sources: Balance sheets often list inventory, but obtaining them can be challenging if you have an adversarial relationship with the company.
  • Alternative Sources: Seek information from insurance agents, vendors, suppliers, or lenders who may have details about the inventory.

5. Intellectual Property (Patents, Trademarks, Websites):

  • Source: U.S. Patent and Trademark Office (USPTO)
  • Procedure: Utilize the online platform provided by the federal government to search for patents and trademarks registered under the corporation’s name.

6. Phone Numbers and Websites:

  • Importance: Phone numbers and websites are valuable assets for corporations, even if not easily monetizable.
  • Legal Strategy: In some cases, seizing a phone number or website through court order can exert pressure on the debtor and lead to favorable negotiations.

7. Intangible Assets (Blue Sky Value):

  • Definition: Refers to the imputed value of a company that may exceed its book value.
  • Calculation: Determine the standard rate of multiplier in the industry to understand the blue sky value, often associated with capitalized or amortized sales.

Legal Considerations and Professional Assistance:

Before embarking on an asset search journey, it’s crucial to seek legal advice from an attorney. Professional guidance ensures compliance with legal procedures, especially when obtaining court orders or seizing assets. Additionally, exploring our website or leaving comments below can provide further insights and assistance tailored to your specific situation.

Conducting an asset search on a corporation requires a strategic approach, leveraging different sources for various types of assets. By understanding where and how to look, you empower yourself in legal proceedings and financial recovery efforts. Remember, every piece of information gathered contributes to the puzzle, and with the right approach, you can navigate the intricate world of corporate assets successfully.