Work is an individual’s primary financial resource, be they an employee, a professional or an entrepreneur: three different ways of ensuring a constant influx of money. Clearly, if that same individual is a debtor who does not meet the deadlines agreed with a creditor, said creditor can take any legal action to collect the debt, …
The term OSINT stands for “Open Source Intelligence” and refers to the set of activities aimed at collecting and processing information accessible through public sources. An increasingly important service for every type of organisation, especially because of the unstoppable production of digital data from internet users, this investigation tool is the ideal solution for a variety …
A salary- or pension-backed loan is a particular type of loan paid back through direct salary or pension withholdings of up to one fifth of said emolument calculated net of withholding taxes. This Italian form of consumer credit was introduced in the post-war period to facilitate access to credit by government employees at a time …
It is not uncommon, when seeking to seize assets, to search whether a debtor owns any cars or commercial vehicles, as such assets are quite simple to track, suspend and seize. Such searches are carried out throughout Italy in two ways, depending on the data available. The simplest way is to search for vehicle number …
How to track a vehicle owner or a registered vehicle Read More »
Tracking a person, usually a debtor or a person who has become unobtainable, is a consolidated practice within the context of financial and capital investigations for debt collection purposes. Basically, what we search for is the last registered residence or domicile, starting from official data retrieved from the civil registries of the Italian Town Councils. …
Should a debtor pass away without settling his debts, the creditor has no choice but to seek out the heirs as debts are inherited together with the assets of the deceased. However, this in itself will not ensure the collection of debt, as any inheritance must first be accepted by the heirs, who may choose …
Portfolio Classification and Data Tape: valuable tools to optimise the collection of non-performing loans The problem of non-performing loans (NPLs) is a very topical one which, given the ongoing economic and financial crisis, affects the balance sheets of Italian and European banks, credit institutes, investment funds and, in general, the many operators on the international …
Non-performing loans: the experience of Ponzi SpA Read More »
Tracking the current account of a debtor, whether a natural or a legal person, is certainly a primary debt collection activity as it points directly to the debtor’s liquid wealth. Identifying the existence of a bank account provides the creditor with important information to initiate seizure aimed at debt collection. Banking information is protected by …
