Asset Recovery

Need expertise in asset recovery? At Miller James, our team specialises in identifying, locating, and securing assets on behalf of our Clients who hold security. In many cases, businesses assume that if a debtor cannot pay, the money is simply lost and must be written off. However, this is not necessarily the case, as many debtors still hold assets that could be used to settle the outstanding balance. This is where our team can help. Our Asset Recovery service helps businesses identify and recover debtor assets throughout Northern Ireland and the UK.  By combining our efforts with local agents and auction houses, we can arrange for the uplift and sale of assets on your behalf. Our agents will start with site visits to locate debtors’ assets, and by combining our efforts with local auction houses, we can arrange for the uplift and sale of assets on your behalf.

Our Team can also facilitate 'ROT' - Retention of Title Inspections on site. 

When Should You Consider Asset Recovery?

When it comes to settling debts, asset recovery can seem like a last resort. However, the sooner you inform us of an unpaid debt, the sooner we can help you to recover lost earnings. You may wish to consider asset recovery when:

• A debtor refuses to engage with you or make contact
• An invoice is long overdue, despite follow-ups
• A company has ceased trading but still owes money
• A company has a high value debt

What Types Of Assets Can Be Recovered?

Examples of typical assets that can be recovered include:

• Commercial property
• Equipment - such as machinery, tools and furniture
• Vehicles and fleet assets
• IT and technology assets
• Stock and inventory

What Are The Benefits Of Asset Recovery?