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Skip tracing defines the techniques and products used to locate people. In the ARM context, debt collectors are trying to find debtors that are not reachable using contact information on hand.
Most ARM companies use the services of skip tracing vendors who furnish access to massive databases of consumer contact information mined from public records, credit reports, and many other sources.
Experian®, the leading global information services company, today announced new enhancements to its Collections Recovery Tool(SM), a commercial skip-tracing service that increases opportunities for collections professionals to collect on outstanding obligations
In the last week of 2012, the Ninth Circuit Court of Appeals updated its own opinion in a Telephone Consumer Protection Act (TCPA) case in which it ruled against a debt buyer. Although the court did not ultimately change its decision, it backed away from its previous very narrow reading of “express consent” for the use of autodialers to call cell numbers.
The Federal Trade Commission Tuesday announced that it has issued orders requiring nine data brokerage companies to provide the agency with information about how they collect and use data about consumers. Some of the companies provide skip tracing or scoring services to collection agencies.
Experian®, the leading global information services company, Tuesday announced TrueTraceSM, the latest addition to Experian’s debt collection product suite, which provides best-in-class skip-tracing capabilities across industries.
STA International has increased its staffing levels by 23% to meet demand for its B2C collections and debtor tracing services.
Sometimes we are given claims against small businesses where we are not even sure who we should be contacting or can’t find a good phone number to reach a live person. Fortunately, there is a great, free resource that often yields exactly the information we are seeking.
Under the FDCPA, debt collectors are allowed to contact a debtor’s friends, relatives, or neighbors to obtain location and/or contact information. This is an important piece in the skip-tracing puzzle when attempting to find hard-to-reach consumers. But there are many very specific rules that come along with this privilege.
LexisNexis® Risk Solutions today announced Contact Plus, an advanced phone and address search solution designed to give skip tracers and debt collectors increased right party contacts through more up-to-date and comprehensive contact information on their debtors.
A successful dormant judgment program begins with good information both for revenue and compliance purposes. This is only the beginning, however.
American InfoSource LP announced the acquisition of substantially all of the assets of Ascension Capital Group, Inc., a subsidiary of Encore Capital Group, Inc. ACG is a leader in secured bankruptcy servicing, and litigation management for the financial services industry. The financial terms of the deal were not disclosed. With AIS’ success in the unsecured [...]