If your customer stops paying for financed or leased items such as equipment or vehicles, and your company is unable to regain possession of those items, it can be a frustrating and stressful experience. However, our law firm can help you employ the legal process to take back the equipment, trucks, or cars and secure the collateral securing promissory notes and commercial or personal loans.
When a judgment has been entered, our firm can execute on the debtor’s assets, whether it is equipment, inventory, or personal property as allowed by law. We have experience throughout Florida in obtaining a writ of execution and coordinating the lawful seizure of assets with the sheriff’s office. If applicable, the sheriff will coordinate a sale to liquidate assets, and the proceeds will be applied to your judgment.
Our approach is effective and aggressive, and we understand the importance of quickly and efficiently resolving these types of disputes. We will work closely with you to develop a strategy that is tailored to your specific needs and goals, and we will fight tirelessly to help you achieve a favorable outcome.
In addition to repossessing financed or leased items, we also provide collections services to help you get the money you are owed. We will utilize a variety of collection methods to increase the chances of recovering the full amount of the debt, such as wage garnishment, bank account garnishment, property liens, seizure and sale of assets. We will prioritize assets that are most likely to be collectible, such as bank accounts, real estate, and vehicles. We will also consider hiring a professional investigator if necessary to locate assets and gather information about the debtor’s financial activity.
In summary, if your customer stops paying for financed or leased items, and your company is unable to regain possession of those items, it can be a frustrating and stressful experience. However, our law firm can help you employ the legal process to take back the equipment, trucks, or cars and secure the collateral securing promissory notes and commercial or personal loans. Our approach is effective and aggressive, and we understand the importance of quickly and efficiently resolving these types of disputes. We will work closely with you to develop a strategy that is tailored to your specific needs and goals and will use our experience and resources to repossess your assets and execute on the debtor’s assets as allowed by law. Contact us today to learn more about how we can help you with repossessing financed or leased items and collecting on your judgment.