I was speaking with a new client recently...
They said "Make a big splash when you jump in and you will secure your place in the pool"
So that is what we did. TFS Recovery was assigned several accounts that had little activity and no resolution over the previous months they were assigned elsewhere. In most cases, our agents were able to locate and recover this equipment in a matter of days. Charging accounts off and spending money on unnecessary and unwarranted legal expense should be a thing of the past. We have shown clients time and again that by sending us a few of these "lost causes" can produce unexpected results.
Komatsu Backhoe/Georgia: 1st payment default and customer disappeared. TFS Recovery assigned to recover after account was charged off for nearly three years. In 12 months, we located and recovered this asset...in Arizona. Bank liquidated equipment and recouped more than half of their losses
Ag Sprayer/Tennessee: Problem customer for many lenders. After having this assigned elsewhere for almost a year, a replevin was granted. Still, months later, no results. Client contacted TFS Recovery and requested our assistance. Within 5 days of placement, we were able to locate and recover this asset...without the need of a replevin and at the given address
Quad Axle Western Star/South Carolina: Another 1st payment default and charge off. After more than a year with another agency, the account was reassigned to TFS Recovery. Within days of placement, our agents had located and recovered the equipment. Client sold the equipment and saw a return of close to $100,000.00 for this "lost cause"
Everyone has their "fishing stories" but not everyone can show you their catch. Let TFS Recovery tackle some of your challenging accounts. We will show you true results.