Debt collectors use skip tracing to locate debtors who have moved and left no forwarding address. The goal of skip tracing is to find the debtor's new address so that the creditor can collect the debt.
Skip tracing is the process of locating a person who has moved and left no forwarding address. The goal of skip tracing is to find the debtor's new address so that the creditor can collect the debt.
There are several methods for skip tracing, but the most common is using public records. This includes searching through phone directories, voter registration lists, and property records. The creditor may also hire a skip tracing service to help locate the debtor.
If the creditor can find the debtor's new address, they will send a letter or call the debtor to demand payment. If the debtor does not respond, the creditor may take legal action.
Other methods used for skip tracing include:
There is always a risk that the creditor will accidentally disclose the debtor's personal information to someone else. This could lead to identity theft or other financial problems for the debtor.
Yes, skip tracing is a legal process. The creditor is within their rights to try and collect the debt from the debtor.
Yes, many companies offer to skip tracing services. If you are having trouble locating a debtor and would like to hire a skip tracing service, contact Roland Investigations for help. Our skilled team can find even the most evasive person.
By Roland Investigations 12-10-2021