RE: CREDIT CARD
Vikas
(Querist) 31 May 2011
This query is : Resolved
Hi,
I am working Abroad and I got a call from India regarding the outstanding of Credit Card dues. Bank official told me that they got my number through any SKIP TRACING SYSTEM, which is done by their collection department.
Is it possible to trace the defaulter through any SKIP TRACING SYSTEM, what is SKIP TRACING SYSTEM, please clarify?
What are the steps bank will be able to take,after tracing my number? Is it going to effect my present abroad job?
Thks,
M.Sheik Mohammed Ali
(Expert) 31 May 2011
either you can settlement with bank, or face the trail, i dont know skip tracing system.
Devajyoti Barman
(Expert) 31 May 2011
First mention you are a defaulter or not.
If yes then the Bank can take a number of civil and criminal actions against you.
So it is better to make a settlement with the Bank.
Guest
(Expert) 04 June 2011
Skip Tracing System is just a software which tests the alternative numbers to reach the party by skipping bad (non-acceptable/ workable) numbers one by one and trying another alternative number to reach the defaulter. More specifically, the invention concerns, in some aspects, systems for determining telephone numbers associated with a delinquent customer account.
However, besides notifying your case to CIBIL to affect your credit rating badly, they may try to collect its dues from you using all alternative methods, including the legal systems, i.e., filing a summary trial suit against you and getting decree etc. against you.
RAJU O.F.,
(Expert) 06 June 2011
Better settle your credit card dues, as the Recovery Agents are dangerous fellows to handle with; they may go to any extend to recover bad debts.They may create problems for you abroad and also in India
