Data Collection and Skip Tracing in Outstanding Debt Cases

Respected Orlando, Florida-based licensed debt recovery firm Allied Credit Consultants, Inc., partners with attorneys to pursue the efficient collection of outstanding assets. Allied Credit Consultants’ offerings include locator services that involve a well-defined skip-tracing process.

This begins with amassing all available information about the subject and analyzing it so as to determine its relevance and veracity. This typically involves a careful examination of publicly available phone directories. The current location of the person may be contained within this information and simply buried by the sheer volume of data.

Information utilized in the skip-tracing process also includes business and marriage licenses, property records, and certifications. The process does not involve contacting other creditors or borrowers, as this is not allowed under current regulations.

In many cases, the data is used to identify parties who can shed light on the subjects’ whereabouts. The process here turns into more than a simple research exercise, as the information must be discreetly collected and acted upon without compromising the investigation.

What Do Credit Consultants Do?

Based in Orlando, Florida, Allied Credit Consultants is a firm that primarily helps creditors reach out to clients to collect payment for overdue loans, bills, and other types of payments. Aside from these services, Allied Credit Consultants offers credit counseling to clients who wish to improve their personal credit standing.

Credit consultants or counselors provide clients with advice on managing their assets and liabilities, planning payments, and creating a viable budget. They can also serve as middlemen who liaise between customers and creditors in reaching agreements for debt repayments that benefit both parties. While they do not usually negotiate a reduction in the amount of money owed, credit consultants can help to lower monthly repayment amounts, making it easier for customers to settle their debts. People who have acquired a considerable amount of debt can benefit from the assistance of a credit consultant who can help them to start managing their finances better.