Estate Search, Credit Reporting & Skip Tracing
Once we know a debtor is deceased, files of over $1000 are forwarded to Estate Search Unit. Timely processing is imperative, as some states require Creditor's Claims be filed within a specified time limit or be forever barred. For example, in Maryland, Creditor's Claims must be filed within 6 months of death.
Commercial Credit Reporting
TFC partners with one of the three major credit reporting bureaus that provide comprehensive business reports on over 25 million businesses. These reports will help predict credit risk by providing institutional payment history and public record filings. They can further point to company and corporate officers when looking for responsible parties.
Consumer Credit Reporting
If a client has a legitimate interest in a person’s credit report and in compliance with the Fair Credit Reporting Act, such as employment application, or credit extension TFC will provide a report from one of the Major Credit Bureaus.
Skip tracing is the practice of locating individuals, assets, and places of employment. It’s a key element of debt collections. In addition to our separate and distinct Skip Trace Department, TFC collectors will participate in this activity in their daily operations.
Skip tracing is provided at no cost, if required in the working of a file. Skip Traces are available at No Find no Fee for traces not associated with a file. See our Skip Trace fee
Skip tracing is provided at no cost, if required in the working of a file. Skip Traces are available at No Find no Fee for traces not associated with a file.