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Being able to locate a debtor’s bank account can be quite useful in your attempt to collect. 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.

Down Below are legal and legitimate ways to obtain a debtor’s bank account number.

If your debtor is employed by a retail store purchase something from the debtor and pay by check. This is a great technique that you can use to find out account information by looking at your own bank statement; the bank account information will allow you to determine 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.

One consideration that is helpful to think about is serving a Business Record Subpoena on the employer in order to get a copy of a payroll check the debtor has cashed in. The check should have the defendant’s account number and quite possibly the name of the bank on the bank.

There are also more “colorful” ways to obtain information about a debtor’s bank account. Conduct a trash search. This is an effective way to obtain bank information and a way to get to know more than you ever wanted about this debtor.

A very elaborate ploy to get the skinny on your debtor’s bank account is what I like to call “the fake block party.” Send post cards to anyway who lives on the 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, purchase something and hand 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 works for a debt collection agency. Also, she writes stories on business and finance, the credit industry, and debt collection. Click here to get your own unique version of this article with free reprint rights.

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