Being able to locate a debtor\’s bank account information could be very useful in your attempts to collect debt. By law, it is required that a private investigator to do the work. Be wary when you hire someone to locate bank account numbers as there are a number of scam companies claiming that they can help, and take your money with no activity in return.
Below are legal ways to obtain a debtor\’s bank account number.
First, if your debtor works at a retail store buy something from the debtor and pay by check. This is an excellent tactic to determine account information by looking at your own bank statement; the bank account information will allow you to figure the debtors account number.
Interacting with a previous landlord of the debtor can be quite helpful. Ask his formal landlord if you can look at the rental application and obtain financial information. You can also subpoena the old land lord for a copy of the rental application to see where the defendant banked. Because old habits die hard, it is likely that the debtor still uses the same bank account.
Consider serving a Business Record Subpoena on the employer in order to obtain a copy of a payroll check the debtor has cashed in. The check should have the defendant\’s account number and possibly the name of the bank on the bank.
There are additional \”colorful\” ways to get information about a debtor\’s bank account. Conduct a trash search. This is an easy way to acquire bank information and a it is also a way to get to know more than you ever wanted about this debtor.
One very elaborate scheme to get the information on your debtor\’s bank account is what I like to call \”the fake block party.\” Mail post cards to everyone who lives on your debtor\’s block, and put up signs directing traffic towards his house. The debtor may get block party fever and open his garage. Scope out his items and take inventory. He may even start to sell things. At this point, buy something and give them a check.
Viola! All of these plots are legal, but my advice would be to root through a debtor\’s trash and stage a block party last, because that seems kind of crazy.
Mallory Megan is employed by a debt collection company. She also does articles on business and finance, consumer spending, and debt collection. You can get a unique content version of this article from the Uber Article Directory.