Forensic corporate collections

Forensic Corporate Collections

Forensic corporate collections refer to the type of debt collection and recovery tactics that apply computer forensics and scientific knowledge to the debt collection process. Forensic corporate collections are those that are acquired in a fashion that enables the evidence and results that are collected, preserved, analyzed, and presented to the creditor to be legally admissible in a court of law. This type of debt collection employs data collected from computer-driven hardware such as personal computers, public information center databases, PDA’s (personal digital assistants), cell phones, and other hardware to track down debtors nationally and internationally to recover and collect money that is owed to a client/creditor. This is all done within the fullest parameters of the law in order for it to be presented in court, if necessary.

By engaging consistently updated computer software in the debt collection process, forensic corporate collection agencies are able to identify, retrieve, and protect electronic evidence of fraud (and other illegal means of avoiding debt) found on computers and use it as evidence in case of litigation. In order for a forensic collections agency to be used as a means of recovering a debt, the agency must be compliant with and knowledgeable of investigation basics, federal, state and local policies, standards, laws and legal processes. They must also have a working knowledge of the types of crimes and incidents in debt deception and fraud, the computing environment and types of evidence, as well as investigative tools, technical training, and use of forensic recovery equipment.

In order to effectively recover and locate bad debtors and get them to pay what they owe their client(s), forensic collections agents have become adept and conversant in evidence collection and management, managing the incident scene, the investigation of computer systems, disks, and file structures, extracting and preserving computer and electronic evidence, e-mail and Internet investigations, cell phone and PDA investigations, and other digital footprints debtors invariably leave behind. As the paper trail that once linked serial debt offenders and “credit criminals” wanes in the digital age, the success of forensic collections systems and their myriad applications will determine the aptitude and diligence necessary in recovering bad debt.

External links

* [http://commercialcollector.com International Association of Commercial Collectors website]
* [ http://www.ccascollect.com/ Commercial Collector Agency Association]