Commercial equipment repossession
Truck Repo reviews assignments for financed or leased commercial equipment. A usable file identifies the equipment, the documents supporting the assignment, and where the assets can be found.
Build an itemized equipment file
List manufacturer, model, serial number, photographs, and the relevant collateral schedule for each item. Identify associated accessories and explain whether the equipment is portable, installed, or part of a larger system. A general business description does not identify the individual assets to be recovered.
Prepare for access and removal
Describe the building or yard, entrance dimensions, loading space, and available site contacts. Explain any known need for disconnection, dismantling, or specialized transport. Do not assume that a recovery assignment includes technical work that has not been discussed with the office.
Provide the supporting documents
Send the lease or security agreement, relevant UCC records, and other evidence supporting the lender’s interest in the listed assets. Include a completed hold harmless agreement. If access is disputed or the collateral is installed in a building, raise that issue before a removal plan is agreed.
Related services and resources
Discuss your assignment
Call 1-866-329-8787 or prepare your documents.