What Is Skip Tracing In Debt Collection?

Has a client gone off the grid after failing to pay a bill? If you’ve done everything you can to reach them - short of sending a carrier pigeon - and are hitting a wall, there’s no need to slide down it in despair. Professional skip tracers are masters at locating missing people and can assist in recovering the money you’re owed. Below, we outline what’s involved in skip tracing, and when you should get a pro on board. 

What Is Skip Tracing?

Skip tracing is essentially the task of trying to find a debtor who has seemingly vanished, or in other words, “skipped” town. It’s best to get a skip tracer involved when you can’t get in contact with someone who owes you money, whether they aren’t returning your calls, emails or even letters. Your client could either be avoiding paying their overdue bills, or they’ve simply changed addresses or phone numbers. Skip tracing is a service that lawyers, private investigators and journalists often engage to locate people who are difficult to find, such as a witness or a key source.

How Does it Work?

In Australia, there’s a set process our skip tracers follow when locating a missing person who owes a large sum of money. At Dynamic Commercial Collections, for example, we conduct comprehensive skip tracing services, asset searches with exclusive, direct access to hundreds of databases nationwide. What do our public record searching abilities include? We can bring up a wide range of information on the person you’re searching for, such as the below: 

• Social media accounts
• Bankruptcy records
• Property records
• Corporate filings
• Title searches
• Real estate properties

When Do You Need It?

Are you attempting to contact someone who owes you money, and hearing nothing but crickets in return? It might be time you get professional skip tracing debt collection involved to recover your money. The expert team at Dynamic Commercial Collections works with you to figure out who you are searching for, the amount of debt they owe you and whether or not they are purposefully avoiding paying you.

Once we’ve done our job and discovered the person you’re chasing, the next step is to put together a thorough profile of them, consisting of their contact details, address and more. Through our field services, we reach out to the debtor directly to inform them of their situation, while protecting your business’ reputation and working within skip tracing regulations. We take care of the difficult conversations to get the best possible outcome for you and your business. To hire an expert skip tracer, get in touch with the team at Dynamic Commercial Collections today.