H&B Recovery, LLC is a full service repossession agency offering complete collateral recovery services to meet your needs.
The services we offer include:
- Involuntary Repossession
- Voluntary Repossession
- Field Visits
- Investigations
- Secure Storage
- Transportation
- Condition Reports
- Photos
Use a Professional Repossession Company for the Best Results
Any company holding a security interest in an asset where payments weren’t made can choose to repossess the property. However, choosing the right repo service like H&B Recovery will give you the best results.
No one likes repossession. It isn’t pleasant for customers losing an asset. But, companies don’t like having to seize products on which payments weren’t made either. Businesses and customers both face stress in the repo process. Repossession adds extra costs, but more companies are being pushed to repossession orders. That’s why finding a trusted and professional service is important. H&B Recovery knows the business. We will consider both the company and the customer during the process.
Here’s our Service Process:
Repossession occurs when payments aren’t made on an asset tied to a loan. When payments become neglected, the loan defaults, requiring the seizure of the asset. For example, if someone buys a car on a payment plan, they don’t own the vehicle until they pay the loan in full. So, if the financing bank doesn’t receive payments, they can choose to repossess the car.
If you own an asset, it have it used for collateral on a loan, the lender is capable of repossessing the asset. For example, in debt consolidation home equity loans, they use the home as collateral. If the homeowner stops making payments, the lender can repossess the home.
What does this mean for you as a consumer? Any company can repossess a property or asset on which payments weren’t made. If the lender holds a security interest, and a customer doesn’t pay, the company can repossess the asset.
Choosing a Repo Business
If you are not receiving payment, please consider H&B Recovery to handle the repossession. Our professional service will ensure that the repossession is legal and effective. H&B has experience dealing with difficult repossessions. We know how to trackdown those who flee or hide. We know that repos don’t lays go as planned, but have experience handling the curve balls that get thrown. Repossession is never ideal. We want to treat everyone involved with respect. This includes the hiring company and the customer facing repossession.
If you are looking to hire a repossession company, we suggest you look for certain important factors.
Here’s why H&B Recovery is a wise choice:
- We are affordable. Repossession professionals range in price. Companies looking to repossess have already lost money through non-payment. That is why choosing a service that is affordable and effective is important.
- We are bonded and have wrongful repossession insurance. Insurance helps protect the company in case a lawsuit results. Companies should look fot extra repossession insurance to offer protection. This covers situations where the assets get damaged during the repo process.
- We have all the necessary licensing requirements for the states we cover and the service we offer.
- We understand the local law. H&B has experience. Finding local agents who know what they are doin is a must. Sometimes alleged criminal violations & breaches of peace happen. This occurs especially in cases where an owner resists repossession. H&B’s staff is knowledgeable. We will avoid accusations of illegal repossession & trespassing.
- We have a good standing with the Better Business Bureau.
- We have investigative resources. Sometimes the customer with an asset will try to remove the item, or even move away, to avoid repossession. H&B has resources to track down the customer and asset, so we can recover the property.
Don’t make the mistake of trying by yourself to repossess any item tied to a loan that has defaulted. Hire H&B Recovery to get the job done right.
