Lynn Izzo | Debt Collection Consultants

Lynn has been delivering professional debt collection and accounts receivable management services and consulting to a diversified business client base throughout the course of her career. She earned a Bachelor of Arts degree in Business Management from Keene State College in New Hampshire. Her independent consultant practice has also been enhanced through acquisition of a Paralegal Certificate from University of San Diego. Clients put their trust in Lynn and Debt Collection Consultants due to her immense knowledge and understanding of all phases of financial services, legally compliant collection procedures and judgment enforcement.

I. Getting Ready with Checklists | 2:00pm – 2:30pm

• Skip Tracing
  • Definition and importance in debt recovery
  • Common challenges faced in locating debtors
• Preparation Checklists
  • Essential information to gather about debtors
  • Steps to take before initiating the skip tracing process
• Organizing Resources
  • Identification of tools and resources for effective skip tracing
  • Online databases and public records

II. Finding Debtors | 2:30pm – 3:00pm

• Techniques and Tools for Locating Debtors
  • Utilizing online databases and public records (court records, property records)
  • Leveraging social media and networking sites for leads
  • Exploring specialized skip tracing software and services
• Networking and Information Gathering
  • Building a network of contacts for debtor information
  • Strategies for effective communication and information gathering
• Legal Considerations
  • The Fair Debt Collection Practices Act (FDCPA)
  • Compliance with state and federal regulations in skip tracing

Break | 3:00pm – 3:10pm

III. Finding Assets and Compliance | 3:10pm – 3:40pm

• Asset Discovery Techniques
  • Identifying and locating assets subject to collection (real estate, bank accounts, income sources)
  • Tools and methods for asset discovery
• Data Analysis and Profile Building
  • Techniques for analyzing collected data to create debtor profiles
  • Verifying the accuracy of information obtained during skip tracing
• Compliance and Additional Considerations
  • Understanding legal obligations and ethical considerations in skip tracing
  • Strategies for maintaining privacy and respecting debtor rights

IV. Proactive Collection Tips | 3:40pm – 4:10pm