An improved system and method for creating and accessing a centralized database containing an assorted variety of information related to a debtor such as physical addresses of the debtor or his friends, associates and relatives, as well as information related to a mobile asset, such as physical description information, collectively referred to as “identifying information.” Methods are also disclosed for lenders and others to send identifying information to the centralized database, and for users such as skip tracers to be able to download and use the information located in the database for asset recovery purposes.