Commercial Default Recovery Process

When a business stops paying, the collateral is usually spread across job sites, yards, and leased space. Recovery has to be planned, not improvised. ## Commercial Files Are Different A consumer default involves one unit at one address. A commercial default can involve trucks, trailers, forklifts, tools, and titled and untitled equipment held by a company that may be winding down, moving inventory, or subletting yard space. Values are higher and the window before assets scatter is shorter. The work starts with reconciling the security agreement and equipment schedule against what is physically verifiable. Serial numbers, hour meters, and attachments matter as much as location. Recovery is then sequenced so the highest-value, most mobile assets are secured first. Getting these right protects most of the recoverable value. ## Four Priorities on a Commercial Default Mobile assets move within days Serial-level verification, not counts Coordinating gated and leased locations ## How We Work Commercial Recovery Documenting wear and missing attachments We build a location-by-location picture of what exists and what is already gone. Transport is scheduled so the most valuable and most mobile units move first. You get a documented inventory with units staged for inspection or sale. **Key Points:** - Collateral schedule reconciliation - Multi-site inventory and verification - Heavy transport and rigging capability - Sequenced recovery by asset value **Topics Covered:** - Speed - Inventory - Access - Condition - Map the Collateral - Recover in Order - Report and Stage ## About PRG Asset Recovery & Holdings LLC **Company:** PRG Asset Recovery & Holdings LLC **Phone:** (210) 745-0964 **Email:** repos@theprg.org **Service Area:** San Antonio, Austin, and throughout Texas **Licensing:** Texas licensed, bonded, and insured recovery agency **Website:** https://prgassetrecovery.com/commercial-default-recovery-process