Debtor Tracing Agents – Specialising in Debt Recovery
19th July 2023
Do you require debtor tracing agents to help locate a debtor who has absconded? Debtors going missing is sadly common for many of the clients we recover debts for.
Every year, debtors who do not leave contact information cause us to write off millions of pounds of debt.
We made this article to explain debtor tracing and why you should use DCBL for it.
Debt collection can often be challenging, especially when debtors attempt to evade their financial responsibilities. In such cases, the expertise of a reliable tracing agency becomes invaluable.
DCBL has established itself as a leader in the industry, specialising in debt resolution, debtor tracing and high court enforcement services.
What is Debtor Tracing?
Debtor tracing is the process of helping individuals to locate debtors to ensure debt collection can proceed.
The person owed money may need to locate their debtor for many reasons. The most common reason is the lack of a forwarding address from their last known location. People may not give their new address to avoid paying any money they owe.
Through our extensive investigative techniques, we possess the knowledge and skills required to locate debtors who have been difficult to find. We achieve this by utilizing various methods, including advanced skip-tracing techniques, data analysis, and access to extensive databases.
How Does Dcbl Conduct the Tracing of Debtors?
When you contact DCBL to undertake the finding of your debtor, we will verify and trace them to re-establish contact. Once we locate the debtors, we employ a strategic approach to debt recovery.
To successfully locate the person owing money, our search consists of finding the Date of birth, Surname, Alias or Partial postcode. We use live databases with real-time addresses and phone numbers from credit links and activity.
Our tracing experts collaborate with clients to comprehend their specific circumstances, such as the owed debt and the debtor’s financial condition.
Armed with this information, they formulate tailored strategies designed to maximize the chances of successful debt recovery.
Our expertise, negotiation skills, and legal channels (when necessary), ensure that their clients receive the money owed to them.
Leveraging Technology and Resources
DCBL recognizes the importance of leveraging cutting-edge technology to enhance its tracing and debt recovery efforts.
They can trace people using comprehensive databases, credit reference agencies, and advanced tools.
Not only this, but they can also verify their credit activity, and gather relevant information crucial to the debt collection process.
This enables them to build a comprehensive debtor profile, which will help the location tracing. This will include financial history, assets, and employment information.
The information will strengthen DCBL’s negotiation position and increase the likelihood of successful debt recovery.
Proven Success Rate – Debtor Tracing Agents
Our success rate speaks volumes about our capabilities and dedication to our clients. There is a reason why we have a 98% client retention rate.
We achieve this enviable rate by employing skilled professionals, advanced technology, and tailored strategies. As a whole, this has helped us achieve impressive results in debt resolution.
Our track record demonstrates a commitment to delivering efficient and effective solutions while maintaining the highest ethical standards.
Advanced Tracing Techniques
For over 20 years, DCBL has specialised in serving clients in the UK.
It helps us deeply understand local laws and regulations and the debt landscape within the UK. This has allowed us to be well-equipped to handle debtors in the UK market.
DCBL employs advanced tracing techniques to locate debtors who have gone to great lengths to conceal their whereabouts.
One key method is skip-tracing, which involves collecting and analyzing data from various sources. This tool helps identify patterns, connections, and leads that can assist in locating the debtor.
Legal Compliance and Ethical Practices
DCBL operates in strict accordance with legal regulations and industry guidelines. We follow rules set by the Financial Conduct Authority, providing a service ethically, professionally, and in line with industry guidelines.
In addition to the legal framework, DCBL upholds a strong ethical code of conduct. They treat debtors respectfully and fairly, aiming to foster positive communication and reach mutually beneficial solutions whenever possible.
We understand that you may face challenges after a debtor owes you money. It is important to remember not to let your emotions get the better of you. The service that we carry out for our clients ensures to not jeopardise your relationship with the debtor. This could be a friend, family member, or a business you work closely with.
Tailored Strategies for Successful Debt Recovery
Each debt collection case is unique, and DCBL understands the importance of developing tailored strategies to address specific circumstances.
Our “One Solution” service means that our clients do not have to go elsewhere. Upon assessing your case details, our experts create a plan considering various factors. These include the amount of debt owed, the debtor’s financial situation, and any legal constraints.
DCBL uses debtor tracing and negotiation tactics to help clients reclaim what is rightfully theirs.
DCBL focuses on clear and open communication with our clients throughout the debt collection and recovery process. We provide regular updates on the progress of our tracing efforts, debt recovery negotiations, and any legal actions taken.
By keeping clients informed every step of the way, DCBL ensures transparency and instils confidence in our services.
Why Instruct DCBL to Trace Debtors?
When it comes to debt resolution, DCBL stands out as a trusted tracing agency with a proven track record.
For over 20 years, our debtor tracing agents have helped thousands of individuals and businesses.
We locate debtors with advanced technology and follow ethical practices to provide complete debtor-tracing services and help recover debts successfully.
DCBL is the go-to solution for individuals and businesses seeking professional assistance in debt tracing and recovering debt.
Click here for a FREE quote for debtor tracing and debt recovery.
