Information Technologies Inc.

Frequently Asked Questions

 
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General problems


Dba, corporate, and partnership filings


Do your lists provide phone numbers ?
Our phone append services will add phone numbers plus other valuable information to your list. This service is quite unique and uses a search logic which makes those hard to find numbers possible. We generally experience a 62-86% append ratio and our minimums are of the lowest in the industry. Click here to see more details.


Returned Mail
The percentage of returned mail is higher for lists generated from the "Financial Hardship Databases" (tax liens, judgments, and bankruptcies), than lists generated from our "Business Filings" (dba, corporate filings, etc...).   Based on our experience, financially distressed parties (mostly individuals rather than businesses) tend to move more often than the average individual or company, resulting in a higher percentage of returned mail. All addresses are collected directly from court records, and are cross referenced against a database published by Postmaster to verify address deliverability. Our experience indicates a 5 to 15 percent returned mail for current leads (leads no older than 4 months) generated from the "Financial Hardship Databases".  The returned mail percentage will increase if you purchase leads older than 9 months.  This percentage varies depending upon the area of the country you're soliciting, if leads are businesses or individuals, and when the leads were filed (age of the lead). Your returned mail could be as high as 30% if your leads are older than 2.5 years. The age of the lead is based upon when the lead was filed initially.
The percentage of returned mail is considerable lower for lists generated from "Business Filings" (dba, partnership, and corporate filings). Our experience indicates an average of 5% returned mail from such leads.


Finding phone numbers for new businesses
This applies to lists generated from the "Business Filings" database.  Searching for phone numbers for brand new businesses can be a challenging task, since they probably do not have an established phone number, let alone be listed in any type of yellow pages. Keep in mind, that most yellow pages (even the ones on the Internet) are updated quarterly, therefore the newest business you may find in a yellow pages is at least 3 months old (our experience indicates an average of 6 months to a year). The most effective method of soliciting these leads are by mail. The filing date in the "Business Filings" database, is the date a business files for a "business license", many businesses may begin actual operation some time after this date.


How our Business Leads compare to yellow pages
These two products differ significantly in the benefits and most up-to date information they provide, and using the incorrect one will be a costly mistake. Click here to view a comparison table, listing the benefits of each product.


I'm getting individual's names in my business lists
You may see individual names in your business list. This is due to the fact, that some individuals use their own personal name to conduct business. For instance, Mark Jones may obtain a dba under his own personal name "Mark Jones" to conduct business. Such instance is possible for Dba's and Sales Tax filings, but not for corporate, or limited partnership filings.


How do I know if my tax liens/judgments are still unsatisfied
We can not guarantee that the tax liens/judgments you purchase are still unsatisfied, but there's an easy rule to follow to ensure that your leads are still open (unsatisfied).  As a general rule, if you purchase leads that have been filed within the past 12 months, you should not encounter a high percentage of filings that have been released.   This is due to the fact that it takes most individuals/companies over 18 months to satisfy their debt. Obviously, a  percentage of tax liens/judgments are never satisfied.  The percentage of judgments never satisfied is considerably higher than tax liens. 

You'll encounter more satisfied tax liens/judgments if you purchase older filings (more than 2.5 years old).  The release rate for tax liens are considerable higher than judgments, majority of judgments are never satisfied, past experience indicates that only about 5-10% of judgments are ever satisfied (your results may vary by region).

We can NOT guarantee a tax lien or a judgment to be unsatisfied because each filing (initial filing or a subsequent release) is recorded and collected separately, and we do NOT combine them once we collect them. The data collection process is NOT like a doctor's office where all records pertaining to a specific individual is stored in one folder.  To ensure a filing (tax lien or a judgment) is unsatisfied, all records pertaining to the debtor must be combined, placed into chronological order and then one may see which filings have been release and which ones are still open.  This is a very complicated task since there are hundreds of thousands of filings per week, and many individual and companies in financial trouble receive multiple filings with various amounts, various dates, various types (state, federal, county, or judgments), filings may be recorded under husband's names or wife's name or both, and many other factors.



How do I make my lists smaller
You were referred to this section, because your requested parameters generated a list larger than 5,000 records.  If you do plan to purchase a list with more than 5,000 names, please respond to the email stating so. Please keep in mind that our minimum purchase requirement is 400 names.  You can make your lists smaller:
  1. Either by changing the parameters, such as a smaller date range, a smaller geographical region, a stricter amount requirements, and etc. 
  2. Or select a specific date in time, for instance 1/1/98, then purchase a smaller/desired quantity, for instance 500 names.  Another words you're purchasing qualifying records beginning from 1/1/98 till we accumulate 500 records, then we stop.  Then your following purchase will start where we stopped the prior time. We guarantee that you'll never receive previously purchased records.


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