GS Unveils New Asset Tracing Program

 AsseRT is an economical and effective intelligence program for reducing the Non-performing Loans (NPL) portfolios of banks by tackling the bulk of their debtors. Over more than 20 years, GlobalSource has done successful asset-tracing and recovery worldwide for banks, law firms, and others. Our experts identify leads to a debtor’s assets, even when complex offshore structures hide the ownership. Assets can include corporate affiliations, stocks, shares, real estate, planes, villas and yachts. After completing a search, GlobalSource evaluates the profitability and potential for recovering the specific NPL portfolio. We direct clients to leads in jurisdictions worth investigating for hidden assets. We help clients evaluate the profitability of recovering the debt and increase  the chances of gaining legal recovery, or settlement and restructuring, even of smaller NPLs.