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As it relates to collections and accountsreceivablemanagement , skip-tracing is the process of locating debtors whose contact information is no longer accurate. The ability to locate a debtor means that you actually have a chance to recover debts that are owed. What is skip-tracing?
At NSB, we strive to be more than just an extension of your business - we want to improve your entire accountsreceivablemanagement process. Factors to consider when proceeding include the number of claims, size of claims, who the debtors are, and what type of collection is needed. Building A Partnership.
The Education Department is suspending collections on federal student loans and urging private collection agencies to stop pursuing borrowers. The group, which spent $780,000 lobbying federal officials last year, has worked to expand the industry’s ability to inundate debtors with robocalls and legal threats.
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