Effective debt recovery begins with determining whether a debtor is judgment-proof before incurring legal fees. At Legal Sandbox Georgia, our Pre-Litigation Debtor Solvency Analysis is the foundational step in our soft collection strategy. We do not believe in filing lawsuits blindly; instead, we conduct a rigorous investigation into the financial health of the debtor using open-source intelligence and official government databases. This service is designed to provide you with a clear "Go/No-Go" recommendation, ensuring that you only pursue claims where asset recovery is realistically achievable under Georgian law.
Our legal team performs deep-dive investigations utilizing the National Agency of Public Registry (NAPR) and the Registry of Entrepreneurs and Non-Entrepreneurial (Non-Commercial) Legal Entities. We scrutinize real estate holdings to identify unencumbered property, existing mortgages, or tax liens that might prioritize other creditors over your claim. Simultaneously, we analyze the debtor’s corporate footprint, identifying shareholdings in Georgian companies, directorships, and business affiliations that can be targeted for seizure or leverage during negotiations. For corporate debtors, we assess their active status, checking for ongoing liquidation proceedings, reorganization, or insolvency filings that would legally stay any individual enforcement actions.
Beyond basic registry checks, we synthesize this data to construct a comprehensive profile of the debtor’s accessible wealth. While Georgian banking secrecy laws protect specific account balances prior to a court order, our analysis of tangible assets and business activity provides a strong proxy for liquidity. This proactive due diligence allows our clients to make informed commercial decisions. If assets are identified, we move immediately to secure the claim; if the debtor is insolvent, we advise on alternative strategies or tax write-off procedures, saving you the time and expense of a hollow courtroom victory.
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