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Author: Steve Bateson

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Missing Debtors – A Growing Problem

March 24, 2011 | Posted in Finance

When recovering debts for their clients debt collection agencies use various techniques among which is the absconder tracing service. This service is used if the debtor is absconding from the provided address to escape paying the debt. Some debt collection companies have their own debtor tracing services and those who do not, use the services of a third party that deals exclusively with absconder tracing. With the help of absconder tracing, debt recoveries have been highly successful, as locating a defaulting debtor has helped more debts to be collected.