::RepoZone - Ontario Repossession Services by Bailiff in Ontario - Bailiff Repo Pickup Truck.
repossession ontario
CALL TODAY - 1-888-488-9219
RepoZone - Ontario Repossession Services - Bailiff -
Repo911 GPS Dispatch

repo truck

truck repo

truck repossession

 

RepoZone.ca - Pickups - Truck - Repossessions

RepoZone has all of the specialty equipment and training necessary to repossess any truck on the road. We have a "Make it Happen" attitude, and get the repossession done. RepoZone has a team of 'spotters' with the experience needed to find the pickup or truck you want repossessed. Call us today for more information on RepoZone pickup - truck repossession services.

Debt secured by goods goes into default, the lender can immediately retain a Bailiff.

PPSA - Personal Property Security Act Repossessions A Bailiff in Ontario can enforce the PPSA - Act in Ontario;

Debts are secured in one of two ways. They are secured either by land or by goods.

If secured by land, the security takes the form of a mortgage that is registered against title to the property. If secured by goods, the security takes the form of a Notice of Security Interest that is registered with a Notice of Security Interest under the Personal Property Security Act (the “ PPSA ”), usually identifying the specific goods pledged as collateral.

If the debt secured by land goes into default, the mortgagee can bring an action for power of sale against the mortgagor under the Mortgages Act and eventually sell the property to cover the debt. However, this can be a long and costly court procedure. This is why it is usually beneficial to also secure the debt against goods, as well as the land, because collection against goods is faster and more cost efficient.

If the debt secured by goods goes into default, the lender can immediately retain a Bailiff to go in and seize the goods that were pledged as collateral to the loan. The security must be registered under the PPSA , but after only 15 days notice, the Bailiff is able to sell the goods in satisfaction of the debt. It is a fast and efficient remedy, and allows the debt to be dealt with before the arrears get too high.

The PPSA allows debts to be secured against both land and goods, giving the lender the option to proceed against one or the other, or both. The provisions of the Mortgages Act allow the debtor so many delays and options to prolong the process, it is good practice to include a security in goods, in addition to the mortgage, just to ensure that effective steps can be taken to get payment on the debt before the arrears get out of control.

Secured, fenced, and lighted storage facility (indoor and outdoor)

First days free storage to our clients

Fast, dependable, and professional service

Professional reporting and condition reports

Updates by fax, phone, e-mail, or text

Access to TOLL FREE phone numbers

 

atv snowmobile repossession boat repo ontario car repo heavy equipment repo motorcycle repo goods repo ontario truck pickup repossession ontario rv campers trailer repossession ontario suv van repo transpor truck semi truck repo ontario

 
You Will Be Asked To Supply:

Signed Agreements / Lease / Work Order
Statement of Account
Copy of any Demand Letters / Emails
Any Supporting Documents or Materials
RepoZone is as Easy As 1, 2 or 3:

1 - Submit Online Warrants, or

2
- FAX - Toll Free 1-888-489-9219
, or

3
- Email us the proper documents

Call us Toll Free 1-888-488-9219
select '200' to JOIN

Within Minutes of Sending a Order, a Bailiff will call you to let you
know when your Warrant for Repossession will be Executed. That's it! It's that Simple!

WE OFFER: Car Repossessions, Truck Repossessions, Heavy Equipment Repossessions, Boat Repossessions, RV's Repossessions, Tractor Trailer Repossessions, Equipment Repossessions, Collateral Repossessions, Commercial Tenant Lockouts / Evictions, Landlord Distress of Tenants Goods