Creditors are using Avert to avoid repossessions and get their default Customers back on track. Avert is a third party accounts receivable company that combines debt collections with complete asset management. Managing Collateral, the asset recovery division, works with Avert's collection department on accounts in their final default stage. Recovery is increased by leveraging assets during the collection process. If a resolution cannot be negotiated, the Customer’s account is forwarded to Managing Collateral where items are repossessed, transported and remarketed. This allows creditors to use one company to manage their assets, increase customer retention and reduce repossessions up to 50%.



How Avert Works    

 

Benefits

We Negotiate a Resolution with Your Customer to Avoid Repossession

One Account Representative contacts your Customer through strategic phone calls and “Door Knocks”.  We discuss your terms and come to a resolution to avoid repossession.  As soon as the account is brought current, it's returned to you. Accounts are managed closely. If your Customer doesn’t cooperate, Managing Collateral's local repossession agents will acquire the asset. If the Customer renders the account current after repossession, Avert will return the asset to them.