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When it comes to asset recovery, the two major components involve voluntary and involuntary repossessions or surrenders. Whether it involves equipment repossession from a business that is closing, or perhaps going to a private residence to recover repossessed jet skis where the owner has failed to make payments, these situations offer many challenges. For example, while a voluntary surrender focuses on helping the person return their collateral back to their lender, involuntary repossessions can become very complex and include some tense moments. To ensure these situations are handled in a professional manner, put your trust in professionals who have years of experience in handling these matters.
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When a voluntary surrender occurs, it can be due to a variety of reasons. For example, with many farmers across the country experiencing financial difficulties, it may become necessary to sell a farm to avoid bankruptcy. In these situations, we may be called upon to recover repossessed farm equipment. In other instances, a construction company or industrial business may be forced to close its doors due to slow economic times or other factors. When this happens, our asset recovery professionals may need to take possession of repossessed tractors and other equipment. Whether it is these situations or other circumstances such as a death or illness in a family, loss of a job that makes it impossible to continue making payments, or other factors, we do everything possible to make a voluntary surrender as simple and quick as possible for all parties involved.
While a voluntary surrender is difficult for an individual or business owner, involuntary repossessions represent many challenges on all fronts. In many of these situations, emotions may be running high for the person or persons who are unable to continue meeting their financial obligations on their possessions. To ensure these situations are resolved in a timely and professional manner, it is always best to put your trust in our experienced and knowledgeable recovery and repossession specialists. In most cases, a direct approach is needed to retrieve these assets. Whether it is a business location or individual residence, we will visit the site to first attempt to collect the default balance on the assets in question. If this turns out to not be a viable option, we will then begin the repossession process, all the while maintaining our professionalism while removing the items.
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Since these situations involve a number of factors and complexities, always make sure you turn to asset recovery professionals who have a proven track record of success. From performing travel trailer repossessions in a timely manner to always exhibiting the highest standards of customer service, we do all this and much more. With a staff that is insured, bonded, and certified to handle all aspects of asset recovery, you can be sure we will approach every job with a level of professionalism unmatched in today’s asset recovery industry. If you want peace of mind during these difficult situations, contact us to learn more about our services.
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