Your debtor tracing options
Credit checks
Before offering credit to a company, it’s important to credit check them to assess their creditworthiness. These checks look at their credit score and whether there is any adverse information such as County Court Judgments in place against them.
Basic tracing
We employ a number of tracing methods including checking the Electoral Roll and Land Registry. We will confirm if any adverse information is present on the Insolvency Register or London Gazette, and conduct telephone checks as well as using social media and other internet searching techniques.
Employment trace
If you know where a debtor resides we can confirm their employment status and where they are employed, providing their position and any contact numbers or email addresses where applicable. Knowing a debtor’s employment status can be a key factor when considering legal action, and can also be used to corroborate a reason for non-payment given by a debtor.
Status reports
This is a more thorough report than a credit check or employment trace, and is used to determine whether litigation is the correct course of action when a customer hasn’t paid on time. This report is utilised by a large portion of our clients as it not only shows the living status, but also includes all available information on the debtor, allowing us to profile their previous credit and payment history.
Pre-sue reports
We can provide an in-depth and comprehensive pre-sue report which includes an expanded list of statuses and services. For further information please contact us below.
