Notification of Repossession
You are notified immediately upon repossession of your
asset. Should repossession occur during a holiday or
weekend, you are notified the next business day. We
notify you of repossession in two ways. One: your CSR
calls you. Two: by fax or internet portal notification.
Condition Report
General asset condition is recorded and forwarded to
you immediately subsequent to recovery. All assets being
remarketed by our affiliate Northern Equipment Remarketing
have comprehensive presale analyses done as well as
photos, all of which are made available to you. Services
can be located as www.northernassets.com.
Inventory Itemization & Storage
Upon recovery and wherever possible property having
obvious residual or personal value is itemized and removed
from the asset.
Asset Storage
All assets are stored at secure impound facilities covered
by our garagekeepers policy.
Locksmithing
We have equipment on-site giving us the ability to manufacture
keys for all vehicles with the exception of laser cut
and other extremely high secured vehicles. Services
are available at a modest charge. Vehicle entry is generally
required in order to properly handle itemization of
personal property as well as the safe transportation
of repossessed assets.
Asset Redemption Services
Upon receipt of authorization from you we will arrange
to release the asset to your customer. Redemptions are
handled by appointment only. Under certain circumstances
we will arrange to deliver the repossessed asset to
the customer’s location.
Property Return Services
Property is maintained for the benefit of your customer
for 30 days and made available to them for a modest
charge upon request.
Transports
Transports routinely occur Monday
through Thursday by appointment.
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