We have inexpensive online facilities to carry out the following searches:
We are able to carry out property searches either individually or in bulk. This enables us to check whether a debtor owns his/her property. We can also do an additional check to ascertain whether the property is subject to any existing securities.
We can check the Accountant in Bankruptcy Insolvency register to ascertain whether the debtor is already bankrupt (this is a free service).
We can check whether there are any outstanding Inhibitions against the debtor. An Inhibition stops a debtor from granting clear title in any heritable property transaction. Accordingly, it has the effect of preventing the debtor from granting a subsequent security or selling his heritable property until the Inhibition is discharged.