How To Trace A Debtor If They Have Gone Missing
If there is one thing more annoying than not receiving the money you are owed, it’s a debtor who seems to have disappeared. So how do you go about finding a missing debtor?
One of the common problems we see when people approach us for debt recovery services is a debtor who seems unwilling to be traced. This type of debtor will often ignore all attempts at contact leading to bounced emails, telephone calls that go unanswered and letters returned to sender.
This can be an incredibly frustrating time if your need to recover debt is urgent and it seems like it is impossible to contact the person concerned. It is important to remember, however, that just because your calls, letters and emails are going unanswered this doesn’t necessarily mean the person has disappeared.
In fact in many cases the individual may be skilled at these avoidance tactics simply to buy more time. They will either be hoping you give up altogether or settle for a lesser sum.
Either way contacting a debt recovery agency will ensure that you have the best possible chance of tracing your debtor and then getting them to pay up. In most cases when things become official and debt collectors are arriving on the doorstep, most people and business owners will pay up in the end.