Debtor Locating and Address Verification

It’s not unheard of for debtors to disappear seemingly without a trace. This can pose a great inconvenience for creditors. Firstly, if you don’t know where the debtor is or how to get in touch with them, then it’s virtually impossible to commence any kind of recovery action, either yourself, or via a debt collection agency. Secondly, it can be difficult to serve legal process on a debtor, without knowing their address. Debtor locating, often referred to as skip tracing, is the process of tracking down and ascertaining the whereabouts of an individual. Outstanding customer debt is a very common reason for needing to locate an individual, but there can also be also be other legitimate reasons. For example where there are suspicions or allegations of theft or fraud from a former employee or business associate, it may also be necessary to both locate someone, and to obtain proof of current residence or address verification.

Debtor locating, often referred to as skip tracing, is the process of tracking down and ascertaining the whereabouts of an individual.

The cost involved with locating a debtor can vary significantly, and as a business owner you should weigh up the potential cost against the expected outcome of locating the individual subject. Investigators utilise a wide range of both free and paid information sources, in order to locate the subject. The more someone has to lose, the more of an effort they may make to avoid being found.

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Debtor Locating and Address Verification

It’s not unheard of for debtors to disappear seemingly without a trace. This can pose a great inconvenience for creditors. Firstly, if you don’t know where the debtor is or how to get in touch with them, then it’s virtually impossible to commence any kind of recovery action, either yourself, or via a debt collection agency. Secondly, it can be difficult to serve legal process on a debtor, without knowing their address. Debtor locating, often referred to as skip tracing, is the process of tracking down and ascertaining the whereabouts of an individual. Outstanding customer debt is a very common reason for needing to locate an individual, but there can also be also be other legitimate reasons. For example where there are suspicions or allegations of theft or fraud from a former employee or business associate, it may also be necessary to both locate someone, and to obtain proof of current residence or address verification.

Debtor locating, often referred to as skip tracing, is the process of tracking down and ascertaining the whereabouts of an individual.

The cost involved with locating a debtor can vary significantly, and as a business owner you should weigh up the potential cost against the expected outcome of locating the individual subject. Investigators utilise a wide range of both free and paid information sources, in order to locate the subject. The more someone has to lose, the more of an effort they may make to avoid being found.

A Strategic Approach to Skip Tracing

The decision as to whether or not to commence a skip trace and attempt to track down a person who owes money to your business can be a difficult one. Below are some key factors to consider and questions to ask yourself before investing in this type of investigation.

What are you aiming to achieve?
Be honest about your objectives, and put a dollar figure on the value, e.g. the amount of money you expect to recover from the individual. Keep in mind that even when the person is located, that in itself is no guarantee that they will pay their debt to your business.

What is motivating the person to conceal their whereabouts?
For example, if it's likely that your business is only one of many suppliers who have been left out of pocket by the individual, or if the individual has committed a crime, then the effort which they might go to conceal their whereabouts might be well out of proportion to the debt you are pursuing them for.

Is the individual bankrupt or is their business insolvent?
An insolvent debtor might be motivated to disappear, to avoid confronting their creditors, and successfully locating such a debtor is not likely to reap any commercial benefit.

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Contact Us

A Strategic Approach to Skip Tracing

The decision as to whether or not to commence a skip trace and attempt to track down a person who owes money to your business can be a difficult one. Below are some key factors to consider and questions to ask yourself before investing in this type of investigation.

What are you aiming to achieve?
Be honest about your objectives, and put a dollar figure on the value, e.g. the amount of money you expect to recover from the individual. Keep in mind that even when the person is located, that in itself is no guarantee that they will pay their debt to your business.

What is motivating the person to conceal their whereabouts?
For example, if it's likely that your business is only one of many suppliers who have been left out of pocket by the individual, or if the individual has committed a crime, then the effort which they might go to conceal their whereabouts might be well out of proportion to the debt you are pursuing them for.

Is the individual bankrupt or is their business insolvent?
An insolvent debtor might be motivated to disappear, to avoid confronting their creditors, and successfully locating such a debtor is not likely to reap any commercial benefit.

Debtor Locating and Address Verification

It’s not unheard of for debtors to disappear seemingly without a trace. This can pose a great inconvenience for creditors. Firstly, if you don’t know where the debtor is or how to get in touch with them, then it’s virtually impossible to commence any kind of recovery action, either yourself, or via a debt collection agency. Secondly, it can be difficult to serve legal process on a debtor, without knowing their address. Debtor locating, often referred to as skip tracing, is the process of tracking down and ascertaining the whereabouts of an individual. Outstanding customer debt is a very common reason for needing to locate an individual, but there can also be also be other legitimate reasons. For example where there are suspicions or allegations of theft or fraud from a former employee or business associate, it may also be necessary to both locate someone, and to obtain proof of current residence or address verification.

Debtor locating, often referred to as skip tracing, is the process of tracking down and ascertaining the whereabouts of an individual.

The cost involved with locating a debtor can vary significantly, and as a business owner you should weigh up the potential cost against the expected outcome of locating the individual subject. Investigators utilise a wide range of both free and paid information sources, in order to locate the subject. The more someone has to lose, the more of an effort they may make to avoid being found.

Contact Us

A Strategic Approach to Skip Tracing

The decision as to whether or not to commence a skip trace and attempt to track down a person who owes money to your business can be a difficult one. Below are some key factors to consider and questions to ask yourself before investing in this type of investigation.

What are you aiming to achieve?
Be honest about your objectives, and put a dollar figure on the value, e.g. the amount of money you expect to recover from the individual. Keep in mind that even when the person is located, that in itself is no guarantee that they will pay their debt to your business.

What is motivating the person to conceal their whereabouts?
For example, if it's likely that your business is only one of many suppliers who have been left out of pocket by the individual, or if the individual has committed a crime, then the effort which they might go to conceal their whereabouts might be well out of proportion to the debt you are pursuing them for.

Is the individual bankrupt or is their business insolvent?
An insolvent debtor might be motivated to disappear, to avoid confronting their creditors, and successfully locating such a debtor is not likely to reap any commercial benefit.




Need more advice?

If you need advice or assistance locating someone in regards to fraud, unpaid debt or a similar matter, don’t hesitate to Contact Us.

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