It may sometimes be necessary to physically visit the residential or business premises of a debtor or prospective client.
Primarily the use of fieldwork may be for the following purposes:
- To confirm the address
- To serve due process like legal documents
- To make a personal demand for payment
- To interview the debtor regarding his financial situation and capacity to pay
- To assess the environment and asset backing for credit worthiness
- To assess the environment and asset backing for potential litigation
POTENTIAL CUSTOMER
Issuing credit to any person is a risky business. However having a drive by evaluation of the customer business and residential address to review their ‘standard’ of living may assist you in making that final decision on giving credit.