Accelerate your Collections - Locate a Debtor's Hidden Assets Quickly for Your Collection Agency
To collect on a delinquent account, you first need to locate the debtor and their assets. MicroBilt's suite of Collection Tools compiles invaluable information to help you locate a borrower, and their assets, in case of default.
To locate hidden assets and increase your collections, we recommend the following products for your collection agency:
The Bank & Debtor Locator can be used as a complement to Skip Tracing reports to track down current address information, as well as contact information for current grantors, so you quickly locate assets and take action. A custom MicroBilt report, the Bank & Debtor Locator integrates information from national databases for an invaluable collection tool. Source data includes consumer account opening and bank inquiry histories, bank and creditor contact information, employment information and trade line detail.
Property Search allows your collection agency to search for real estate in an individual's name or perform a reverse property search to find the owner or seller of an address. Property Search gives your collection agency the information you need to determine the value of the property owned by an individual when collecting unpaid debt. Property Search can also identify third parties that may be able to assist in your skip tracing efforts.
Use this report for your collection agency to validate motor vehicle and lien information associated with a debtor.