Log InDebtor tracing in London is a service provided by K2 Collections - if someone owes you money and has absconded or changed address, it may be difficult for you to track them down. Our debtor tracing and address verification service has a success rate of over 90%.
We receive a number of questions regarding our debtor tracing and debt collection in London services, and we’re more than happy to provide you with more information should you need it. Please get in touch with us at K2 Collections with any queries you may have.
How do I find someone who owes me money?
If a business owes you money, it can be generally easier to trace them down in comparison to an individual. Companies tend to want to be found by their customers, and so their trading address will usually be on their website, in advertisements or documented in any agreements or terms and conditions.
Failing this, the next places you can check are on various business listings available online:
- Credit checking
- Trade organisations
- Online directories
- Companies House (for UK based businesses)
However, there’s significantly less information about individual people in the public domain, both because people are generally more private and if a debtor is deliberately attempting to hide, they can do so through many different means.
You can begin tracing someone by asking any friends or associates if they know the debtors current address, or other details such as their workplace - however legal correspondence for debt owed must be sent to their residential address.
The most reliable method of tracing an individual is to enlist the assistance of a professional tracing agent, a service we provide as part of our debt collection activities.
It is worth remembering that you usually have up to six years to start court proceedings or instruct a debt collection agency on outstanding debt, so there is nothing stopping you from trying again regularly to see if the debtor has resurfaced.
What are debt collectors allowed to do once they locate a debtor?
Once a debt collector has located the debtor, they will make all reasonable efforts to contact the debtor regarding the debt owed. This can be done in order to settle the debt overall or set up a payment plan to repay the debt.
However, a debt collector is not allowed to visit the debtor in their place of work or discuss the debt with neighbours, family or housemates, this is highly inappropriate and if this is something that you find happening, it should be reported.
The debt collector should not act in a threatening manner, all communications should be polite and professional, and they should not force their way into someone’s home.
It is also a criminal offense for a debt collector to impersonate a bailiff or an enforcement agent.
K2 Collections Debt Recovery London
If you’re struggling to locate a debtor and wish to take advantage of our debtor tracing service, or are looking for a debt collection agency in London, get in touch with us and we can answer any queries you may have.