Can’t find a debtor – why and how to use a Skip Tracing professional?

Can’t find a debtor – why and how to use a Skip Tracing professional?

Losing contact with an overdue debtor is a common problem in business. People often change address without notice. Sometimes it is done with the intent to avoid being pursued to pay debts – in other cases is the simple oversight such as forgetting to advise everyone of change of address.

‘Skip Tracing’ is a profession that locates people who have changed address when another party, often a creditor, wishes to make contact with them for debt collection.

Why use a Skip Tracing professional?

You can try to trace a person who has skipped, but it often wastes a lot of time and leads to a dead end. If a debtor is intentionally trying to hide to avoid debt collection, then a Skip Tracing professional has a much greater chance of finding them than an amateur has.

In almost all cases, Skip Trace professionals have proven know-how and effective techniques that save a lot of time and effort and achieve much higher success rates of tracing skipped debtors therefore improved debt collection.

How can you help to find missing debtors?

The most effective action you can take to increase the chances of finding the person is to give the Skip Trace professional extra information. Often a company will share the missing debtor’s name and previous address information with the Skip Trace professional, but the company will know much more information they haven’t shared. And the extra information can dramatically increase the speed and success of the trace. Typical information that businesses often know, and that helps find the debtor includes:

  • Current or previous phone numbers
  • Previous addresses
  • Family or next of kin contact details
  • Occupation, and current or previous employer details
  • Date of birth or approximate age 

How do you find a Skip Trace professional?

Most major Debt Collection Agencies have a professional Skip Tracing service, and a few agencies have a reputation for being able to find the hardest to locate debtors. A leader in the Skip Tracing field in Australia is Sydney-based Outstanding Collections (Aust) Pty Ltd.  You can contact Outstanding Collections on 02 9545 3115.

Welcome to our new website!

Welcome to our new website. The aim of our new site is to inform interested viewers about Outstanding Collections and the benefits of our debt collection service.

As all our clients know, we are a leading agency in this field with a history dating back over 40 years. This means when you employ our services you automatically tap into a wealth of experience and expertise.

All our key people have been heavily involved in debt collection for many years. Our principals, Ron Peter and Murray Crane are both leading figures in the industry. Ron was a past recipient of the Small Business of the Year Award and previously owned and managed one of Australasia’s largest debt recovery firms with offices throughout NZ and Australia.

We started off by helping regional councils address their debt issues and, while we still have a major focus on local government, we have since expanded to provide debt collection services to businesses and medical practices throughout NSW.

We believe our service is unique. Our approach to recovering outstanding payments is different to many other agencies, and we try and address debt issues in a timely manner, keeping costs and delays to a minimum. We also seek to avoid costly legal action whenever we can.

Many of our clients have used us for years and the reasons are clear. They like the professional and friendly way we do business and our efficient and empathetic approach to recovering late payments. The last thing you want is bad publicity so we handle all our cases with sensitivity and care. We strive to arrive at an outcome that is beneficial to both parties.

Debt collection can be a time-consuming and stressful task especially for staff with little experience in this discipline. By using us, we do everything for you allowing you and your people to focus on core business functions and not waste time chasing outstanding invoices.

We can work seamlessly with your staff and integrate with your procedures and systems, which means we can operate as a ‘virtual’ division of your company.

Interested? Want to know more?  Why not call us today and find out how we can ease your late payment problems.

Take a look around our new website and feel free to call us anytime for a chat.