Tenant tracing is the process of locating former tenants whose current address is no longer known, enabling landlords to reconnect with their previous tenants.
What happens when your internal credit control team chase a parking penalty notice (PCN) or parking penalty charge, but settlement isn’t forthcoming? Or perhaps the penalty notice or reminder letter is returned, with the dreaded ‘not at this address’ scribbled on the front of the envelope.
On average, 11% of the UK population will relocate annually – that’s almost 3,000,000 households; many of whom fail to inform creditors and other service providers of their move, often leaving behind outstanding debts.
A key sector for dataTrace is debt recovery and enforcement firms, helping them to deliver results for their clients.
What happens when your internal credit control team chases an invoice but don’t get a response? Or perhaps a reminder letter is returned, with the dreaded ‘not at this address’ scribbled on the front of the envelope.
Tracing a debtor’s employer can provide vital information that can often make the difference between getting paid and losing the money forever.