TRACING AND ASSET LOCATION
Absolute Credit's Skip Tracing personnel utilize modern technology to locate
debtors anywhere in the United States. We have the resources to search for individuals by their social security number, court
records, DMV records, National Change of Address, recent bankruptcy filings and many other methods. We also run credit bureaus
for updated credit reports on the debtor.
Collection Services personnel
make the initial contact with the debtor and work to obtain full payment as quickly as possible. If the representative is
unable to contact the debtor or obtain payment within the prescribed timeframe, the account will be referred to the Skip Tracing
and Asset Location department. The account is referred back to the original representative when the debtor is located. Legal
counsel is involved in every aspect of the collection process, and is responsible for determining appropriate action when
all other attempts to recover the debt have been unsuccessful.
Services personnel manage all debtor payments and remittance to the client, and reconcile payments made to Absolute Credit
with payments made directly to the client. Financial reports are prepared monthly and forwarded to the client with a remittance
check from Absolute Credit.