Find Someone That Owes You Money
How to find someone who owes you money
When someone owes you money and refuses to pay it back, you can be left feeling frustrated and helpless, especially if you do not have up to date contact details.
Rather than waiting and hoping that they will pay up, take action to ensure that they do. Here at DebtTrace, we specialise in helping you to find the person that owes you money so that you can file a case against them – read on to find out more.
Struggling with unpaid debts? Start recovering what's owed to you today.
What is DebtTrace?
DebtTrace is an online Skip tracing solution that provides a debtor tracing service 24/7 so that you can find the person that owes you money and pursue them down a legal route. We have been in the debtor tracing industry since 2001 and understand that when you need to locate someone, you will want the simplest and quickest way to achieve this.
Our service is highly automated and provides speedy and accurate results so that you are not left waiting for weeks to get the answer you need. Plus, we offer a money-back guarantee* if we cannot locate your debtor so that you can purchase with confidence, knowing that your money will only be spent on results.
What is a Debtor?
A debtor is someone that owes money for a product, service or anything else that has a monetary value. When someone becomes a debtor, they make an agreement to pay what’s owed on a certain date or via a repayment plan. Unfortunately, there are occasions when a debtor stops or refuses to pay off their debt, leaving you, the creditor, to chase them for payment.
There are occasions where there is a dispute over amounts owed or repayment terms, but these can be ironed out with good communication and access to up to date details. However, if your debtor fails to pay and is no longer contactable through the address and contact details they initially provided, then you will need to trace them in order to pursue a claim.
Why Can’t I Pursue a Claim Without Up to Date Details?
In the UK, creditors have to prove that they have made genuine efforts to communicate with debtors about bad debt. The courts will not accept correspondence sent to the wrong address as a genuine effort, and so the onus is on you to locate the debtor.
Once you have located the debtor, you can send registered correspondence to prove to the court that the debtor has received your reminders and continued to ignore them. It is at this point that the court can then enforce action so that you can recover the monies owed.
How Do You Find Debtors?
To find debtors, we use recent activity data from Credit Agency searches to locate an up to date address. This initial step is fully automated and uses a wide range of financial information so that there are no errors and no missed information. The other key benefit of using an automated system is that it is fast so that your debtor is unable to skip out on their current address in order to avoid paying.
Once this stage is complete, we then use desktop research undertaken by experienced investigators to pinpoint exact addresses and other contact information so that you can be certain that the results we produce are accurate. We are incredibly proud of our team, who provide an unparalleled level of accuracy when it comes to finding the information you need.
What If DebtTrace Cannot Find Someone?
There are very limited occasions when DebtTrace is unable to find someone who owes you money. If this happens to you, we will refund you in full. We ask for seven days to complete our search and exhaust every avenue before we refund you, but we will keep you informed every step of the way so that you are not left in the dark.
The main reasons we find that it is not possible to locate someone is when they do not put their new bills in their name at their new address, when they do not update details with their financial institution when they do not apply for credit with their new details and more.
When is the Best Time to Complete a Debtor Search?
If your debtor has recently moved home without passing on a forwarding address, then we recommend waiting for at least four weeks before you ask us to perform a search. Doing this will ensure that the address you receive will be the new address rather than the one they have just moved from.
How Can I Use the Information You Find for Me?
Once you have got the most up to date contact details for your debtor, then you can use them to communicate with them about owed debts and progress their non-payment through the right court channels to get a judgement made against them.
What Packages Do DebtTrace Offer?
When you choose to use DebtTrace, you can opt to select a range of packages to get the information you need. Our most commonly purchased debtor tracing packages include:
Basic Debtor Tracing
This service helps you to get access to a debtor’s address within 48 hours of applying. This package is great when you just need to get in touch via letter or prove that your communication has been received because the debtor lives at the address.
This service is highly accurate with over a 99% success rate, meaning that you are very likely to get the information you need to be able to progress your complaint. The address we provide will have been verified using Credit Agency Datasets and a range of supporting information gathered by our in-house investigation team.
Asset Search Service
If you need more than just an address, then our Asset Search Service is a great choice. We can find the debtors address, phone numbers and email as well as their homeowner status, CCJ history and insolvency information.
If this information is not enough, then you can choose our Enhanced Asset Search that includes everything on the Asset Search plus multiple property searches to get up to date ownership information, company information, directorships and financial status with means reporting.
Furthermore, we will complete suspected alias investigative work, search social media, complete a lifestyle info search and even check for disqualified directorships and sanction lists. Choosing this package will provide you with everything you could possibly need to take action against a debtor and get the results you need!
Who We Help
Our mission is to help anyone that needs to locate a debtor for debt recovery purposes and litigation. From tracing an ex tenant who has moved address to locating people who owe you for an unpaid invoice we can help. We provide people tracing address location and other details depending on the package of support you purchase, giving you access to vital information so that you can get repaid.
We are proud to share that our tracing agents success rate stands at over 98%, meaning that you are more likely to find your debtor with our help than without it. Get in touch or check out our website for more information and start making progress on finding your debtor.
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Struggling with unpaid debts? Start recovering what's owed to you today.
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