Archive | Debtor Tracing

What’s involved in debtor tracing?

There are many reasons why you might be chasing a debtor – whether you’re a landlord chasing tenants for rent, or a commercial lender owed interest on a loan, there are specific steps you need to take to recover the debt legally and efficiently. Contemporary technology makes it easier today to trace your debtor than […]

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How to get a status report

Collecting debt from an individual or business can be a difficult undertaking, especially if your information on the debtor is limited. The options for retrieving owed money are extensive, but without prior knowledge of the debtor’s financial situation, they can be costly and inefficient with the potential of very little reward. One of the ways […]

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What is a statute barred debt?

Statute barred means that a debt has been barred under statute. I.e. the creditor has run out of time to collect the debt through the courts. Many people who have old debts believe that they do not have to pay any more, but the truth is that creditors can in some cases still take action, […]

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