The first and most crucial step in accelerating the estate process is locating an estate and then presenting the estate claim within each state and county’s specified time limits. This is a unique challenge since creditors and agencies do not currently have the capabilities to shorten the search time for locating the estate.
There are many probate courts that do not allow either a phone or written search, and even if they do allow a written search, it could take as long as 30-40 days to receive a response from the court with the proper estate information. These delays can be costly due to time barred estate claims.
Estate Information Services, LLC (EIS), a deceased collection agency based out of Columbus, Ohio has recently launched its Estate Locator™ as a powerful tool for creditors, collection agencies, and debt buyers.
Estate Locator™ is a specialized database that proactively maintains the most recent probate information for filing an estate claim across the U.S. The data is updated daily, making it the fastest and most reliable way to ensure that estates are quickly located and identified, and claims are appropriately filed.
As the divide between collections and data continues to narrow, Estate Locator™ will set the standard for housing the most comprehensive estate data, as well as providing a way for agencies and creditors to realize a faster ROI on the deceased account business.