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Skip Tracing Costs Author : IRS Collections
Published on: August 25, 2023
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Skip Tracing

There are several factors that determine the cost of skip tracing services. Some of the factors that affect rates include the type of locate, age of information, names, deadlines for service and bulk locate projects and special skip tracing projects.

In House Receivable Services provides professional skip tracing services for over a thousand law firms and property management companies. Our skip tracers are highly trained professionals who understand the legal systems and have years of experience.

In Canada we have strict privacy laws that affect what we can and cannot do. There are prerequisites that must be met in order to access some informational databases. Skip tracing in Canada is completely different than tracing in the US, where there is no privacy.

Here are some of the factors that affect skip tracing costs:

Standard Locates
The majority of locates listed are to find debtors, or defendants, that are trying to evade contact and-or service. One of the problems with skip tracing is that we are dealing with the unknown. This is why we work on a cost range pricing, as we have no idea what type and how many searches will be needed for a successful locate.

When you list a locate the more information we have, the better the odds of a successful locate. Sometimes it is a minor detail that provides a solid lead.

Estate Skip Tracing
Most skip traces for estate matters are at the standard rate. However, we do see traces where a family member is estranged and the last information is more than ten years old. Situations like this take more time and can affect cost.

Common Names
Common names such as Bob Smith usually take more time to sift through than locating someone with a less common last name such as Canaris.

Deadlines for Service
Sometimes a person needs to be located and have documents served in a short time frame. To cover this scenario, we offer a rush service for a minor extra fee.

Class Action Lawsuits
Skip tracing for class action lawsuits is usually done on a bulk basis at much lower rates, as the people that need to be located are not trying to evade contact.

Witness Locates
These are usually done at standard rates. In some cases, we have located accident witnesses where all we had to go on is the first name and the color of their car.

Bulk Locates
We offer bulk discounts based on monthly file volumes of business. Law Firms that service financial lending companies and banks are the main source of bulk skip tracing.

Asset Tracing
Often Law Firms and companies are faced with the question of whether a file is worth suing. Just because Judgment is obtained doesn?t mean it will be paid. An asset trace will reveal the odds of actually collecting on a Judgment. In some cases, commencing a legal action is throwing good money after bad.

Skip tracing is an art that takes years to master. Every Client has their own unique needs and many use a combination of trace services to make educated decisions based on facts. If you are in need of skip tracing services give us a call. We can provide you with the right combination of services that will provide the answers you are looking for.

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