Private Eye Verify - Sample Report 3

March 24, 2009

Robert Jones

ABC Creditor Corporation

123 Elm Street, Suite A

Anywhere, USA 12345

Re: Docks and Decks

Case Number: 1234-56-7890

Dear Mr. Jones:

Thank you for this assignment wherein you have requested Privateeye Verify to perform the asset liability investigation package 3 on the above mentioned debtor.

This assignment was scheduled for 03/23-25/2009 and was completed on 03/23/2009. The following illustrates the debtor’s assets inasmuch as they are open for business and actively working in the field, proven by way of asset verification and surveillance techniques. Below and/or attached are surveillance photographs illustrating their business activity at their office location as well as out in the field.

The name of the business owner is Jim Ford. He was on location when we arrived unannounced with your demand letter in hand. We observed the office receptionist answering numerous calls and transferring the same to various departments such as sales and customer service. Photographs were secured of the business inventory of lumber, pilings, dock and deck material as well as their equipment consisting of delivery trucks, forklifts, etc. We made positively sure that the employees noticed us securing the enclosed photographic evidence. These photographs are enclosed for your review and use in your potential litigation proceedings.

Further, we observed several employees actively working in the yard, their active business license hanging near the main entrance of the office, various bundles of mail located in the outbox and we estimate this business as a large facility consisting of 15,000 square feet of property including the main office and lumber yard.

We met with Mr. Ford within his office and explained our purpose for this visit was a courtesy call on your behalf. We explained in a calm and professional manner that we were instructed to conduct this asset and liability investigation as this was a PRE-LITIGATION attempt to settle the debt with you. Mr. Ford was obviously concerned and closed his office door to discuss this in privacy. He stated he was short on cash this week but would call you at his next opportunity. We suggested he contact you in the investigator’s presence as you were willing to make arrangements to have this debt settled. Mr. Ford did call your office and spoke to your assistant while we were present.

After meeting with Mr. Ford, we then began taking several photographs of the lumber yard, the employees, and their equipment. We were approached by the yard foreman who asked what we were doing. It was again explained to this person that we were conducting a PRE-LITIGATION ASSET INVESTIGATION and he should speak with his boss Mr. Ford as to why we were present. This person immediately went inside the office.

At this juncture, we began speaking to the neighboring businesses and specifically asked if they had any knowledge of the activity level of the Docks and Decks business. The neighboring business, ABC plastics stated they have observed much activity and it was their opinion they were a very stable business based on this activity. They also stated they knew Mr. Ford and he is a good neighbor.

After securing this interview with this neighboring business, we then began a moving surveillance where we followed a delivery truck to 3434 Elm Street, Clearwater, Florida. At this address, we documented the delivery of what we would estimate as $10,000.00 worth of lumber, Pilings, and various dock building material. (Please see the photographs attached).

After confirming this activity, we initiated the final leg of this investigation by searching public records that indicated the owner of the property is Mr. Ford. Please note this property is not Homestead Exempted on the tax rolls and you may have the ability to attach a lien on the property and equipment.

General Notes:

The location of the debtors business appears to be busy and very well stocked. The owner was noticeably surprised by our arrival and stated he would make sure he placed this debt at the top of his priorities today to settle this debt. The owner called your office while we were present and apparently made arrangements with you directly.

At this juncture we have concluded the assignment and wish to thank you for your business.

Sincerely,

_____________________________

Investigator