Our objectives
- Provide an industry leading price and quality of service.
- Recover your goods quickly.
- Recover any shortfall remaining due.
What we cover
- Recovery of goods that are subject to Regulated and Unregulated Hire Purchase and Lease/Hire Agreements
- Shortfall Claims.
- End of Contract Claims.
How we do it
- Advise you of the best course of action, dependent on your individual needs.
- Negotiate Voluntary Surrender of the goods where possible.
- Commence Recovery of Goods legal proceedings and pursue to conclusion.
- Identify the appropriate means to enforce Judgment and pursue to Conclusion.
Negotiate and manage payment proposals to:
- clear any arrears pre-termination;
- under a Suspended Recovery of Goods Order;
- to repay any shortfall amount; or
- post-termination hire charges
Key contact
Harry Tumber
+44 (0) 7392 090234
+44 (0) 1293 596905
The recovery of goods
- Establish contact with the debtor.
- Encourage voluntary surrender of the vehicle.
- Where appropriate, Recovery of Goods proceedings taken by experienced and highly trained staff.
- Proceedings monitored to conclusion.
- Attempt to obtain a Money Judgment at Court to save costs should a shortfall arise after recovery and sale of the goods.
- Vehicle recovered/ defleeted and auctioned by one of our carefully selected contractors, upon request.
Shortfalls
- When a Shortfall arises, a Letter Before Action sent within 24 hours of Referral.
- Attempts made to prompt payment without the need for proceedings, whilst identifying a means to enforce.
- Payments reviewed and monitored on a regular basis.
- If payment not received, where Money Judgment not already obtained, convert ROG Order to Monetary Judgment. Enforcement proceedings considered include Attachment of Earnings Order, Charging Order, and Possession Proceedings.
Litigation Support
- Extensive experience in contentious Litigation.
- Bulk and bespoke Litigation tailored to your needs.
- Pursue and collect defended recovery and shortfall cases.
- Provide complementary risk avoidance training and support.
- Flexible funding.
- All provided through a dedicated point of contact.
Insolvency Support
- Complement our ROG team, ensuring your optimum result in insolvency cases.
- Provide you with experience and expertise in insolvency matters.
- In house training on effects of and dealing efficiently with insolvency.
- Develop a strategy with you maximising your recovery for an actual/ forthcoming insolvency.
- Investigate fraudulent debtor behaviour.
- Work with/ against Insolvency Practitioners to maximise net recovery.
Litigation support - Our objectives
Specialist Litigation support for complex matters.
What we do
- Defended/Counterclaim cases
- 'Stand alone' claims against you.
- Disputed shortfall/ End of Contract Claims
- Disputed excess mileage/ damage claims
- Unlawful disposals
- Defended Conversion Claims
How we do it
- Minimize your costs with flexible CFA funding, blended or capped rates.
- Experienced staff.
- Streamlined process and maximise Organisation.
Key contact
John Lovatt
+44 (0) 1293 596942
Ian Price
+44 (0) 1293 596941
Insolvency support - Our objectives
Getting the best recovery for you by practical, cost effective solutions.
What we do
- Complement our Recovery of Goods team ensuring your optimum result.
- Provide you with experience and expertise.
- Develop a strategy with you maximising your recovery for an actual/ forthcoming insolvency.
- Help you maintain your cash flow by negotiating transfer to a new company where appropriate.
- Investigate fraudulent debtor behaviour.
- Work with/ against Insolvency Practitioners to protect your interest.
Case studies
- Transfer of equipment leasing arrangements: Agreement settled with Administrators and third parties, recovering over $2m from the Administrators.
- Recovery of vehicles and sums from Administrators: Recovery where sub hirers in possession under Client's main hirer.
- Recovery of sums wrongfully retained by Administrators: They kept vehicles for use in administration.
Key contact
Gavin Pickering
+44 (0) 1293 596976
Contact
Please contact The Recovery Of Goods Centre team on 01293 596999 or visit www.stevensdrake.com
The Recovery Of Goods Centre
117 - 119 High Street
Crawley
West Sussex
RH10 1DD