Discreet Financial Status Reports Service Success

by | May 23, 2019

Arkline has seen a dramatic increase in the demand for pre-sue, means and discreet financial status reports over the last couple of years.

We believe this is due to the increased costs in debt recovery and the creation of the £5,000 minimum debt threshold for Statutory Demands. Our reports are valuable tools in assisting our clients to make the most cost effective way of recovering their debt. Means reporting provides our clients with further information about the debtor.

Our means and pre-sue reports involve performing a discreet in depth asset/financial search, researching company appointments, property and ownership searches, employment details, deep media search.

We regularly find new properties that have not previously been declared, or may show the debtor to be owing several different companies and have limited resources with which to pay these debts. Means and pre-sue reports allow our clients to make an informed decision on their next step against the debtor.

Read more about our Means Reporting Service

Case Study: Discreet Financial Status Report

We were contacted by a client who was owed in excess of £50,000. The debtor was not cooperative and was claiming that he had no income or assets and would not offer any repayment. Our client felt that this information did not fit in with the subject’s lifestyle and so requested a discreet financial status report.

We carried out enquiries regarding addresses and found properties associated with the subject and discovered a holiday cottage, which was listed in his name with the land registry, which he had not declared. We established that it was being advertised through Owners Direct and we could clearly see the bookings and rates confirming another source of income. We then reported back to our client who utilised the new information when deciding how to pursue the debtor.


Check out our other blog posts

Pre-Sue Report Provides Valuable Information

Pre-Sue Report Provides Valuable Information

A pre-sue report can provide valuable information about either an individual or a company. Here are two examples of how the information we are able to obtain can provide valuable information for claimants to assess whether it is worth pursuing outstanding debts. Case...

We’re here to help | COVID-19 Update

We’re here to help | COVID-19 Update

Arkline continues to operate in line with government advice and recommendations from relevant trade bodies. We wish to express our heartfelt thanks to all those workers on the front line and our thoughts go out to all those affected by COVID-19. Our service levels...

COVID 19 – Arkline remains open for business

COVID 19 – Arkline remains open for business

We want to write to you directly to let you know the steps that Arkline are taking to continue to provide you with Process Serving, Tracing & Means Reports.   But first our hearts and thoughts go out to anyone who has been affected by this unprecedented...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.