From unpaid business invoices to outstanding rent, every year Brits write off millions of pounds of debt. Large or small, unpaid debt always has a negative impact on bottom lines. If you’re dealing with a debtor that simply won’t pay up, don’t write off your debt just yet. With the help of our qualified team of tracing agents, you can track your debtors and build a case that forces them to settle their balance.
Tracking down your debtors
Tracing and contacting your debtors can be a little more complex than sending them an email or giving them a phone call. To issue an official notice of enforcement, you’ll need to record their permanent residential or business address. If an official notice isn’t issued, they could claim they were unaware of the debt which can disrupt your claim. This is especially important in High Court Enforcement and CRAR cases.
While publicly available information (personal addresses found on the electoral register, business information published on the GOV.UK website and public social media accounts) can be helpful, professional debt tracing agencies use specialised software to comb through multiple databases and match addresses, emails, phone numbers and other information to build a strong profile.
In cases where the debtor is deliberately evading payment, it may be necessary to delve deeper and profile business partners, co-habitants and even family members. This information is used to build a genuine profile and assess the defaulter’s capacity to pay back their debt. It also empowers you with the knowledge to make collection decisions that get money in your pocket as quickly as possible.
Above-board debtor tracking
At M19 Solutions, we pride ourselves on offering 100% legal people-tracing services. We never use illegal or unethical techniques to trace an individual and pride ourselves on discretion and professionalism. This means that every snippet of information we collect will stand up in a court of law. We’re fully registered with the Information Commissioner’s Office (ICO) as required under The Data Protection Act 1998, meaning all information sourced is government approved.
How our tracing agents find a 100% match
Our team has more than 20 years of experience in the field and is armed with the technology and contacts to trace even the most elusive debtors. We’ll only report back when we find a 100% match, saving you time and stress when tracing debtors in the UK.
At a minimum, we generally need a full name, date of birth and last known address. It can also speed up the process to have information like occupation, name of spouse and names of children. You’d be surprised at just how efficient our team can be with very little information.
Speak to a professional tracing agent today
Ready to take action? Call us today to find out more about how our people tracing services can help you trace absconding debtors and recover the funds that are rightfully yours. Consultations are free of charge so there’s no need to cut your losses and write off your debt just yet.
