Purpose: Debt Recovery
Task: Asset Trace Recovery and Realisation
Sector: Municipal Commercial Vehicles
Location: UK West Midlands
Retained by a Major UK Finance Company to assist in the location, recovery, and subsequent marketing of a fleet of municipal vehicles, including refuse collection vehicles, kerbsiders, gully tankers and light commercials.
Prompt action was demanded to ensure the fleet was brought to market in a timely manner, a timed on line auction was successfully utilised. We regularly undertake the tracing, recovery and marketing of assets on behalf of finance companies and banks and welcome Proceeds of Crime Act (POCA) sequestration and related instructions.
Similar instructions have included:
The tracing, collection and marketing management of in excess of 2000 cars and light commercials.
The tracing and recovery of various prestige and family cars and light commercials.
G. Pearce Civil Engineering
The tracing, collection and sale of a Fleet of 35 excavators, backhoe loaders and dumpers etc.