Repossession Services in Washington, D.C.
Financial institutions across the county depend on Greenwood Recovery, Inc.’s asset recovery expertise for one reason: We get results. Our repossession services run the gamut, from finding and reclaiming our clients’ collateral to storing and selling it on their behalf. Contact us today at (410) 383-8000 to learn more about how we can return value to your balance sheet.
Based in Baltimore, Greenwood Recovery provides car repossession and vehicle remarketing services in a territory that includes Maryland, Delaware, northern Virginia, and Washington, D.C. Our talented team has delivered extraordinary service and exceptional outcomes for decades, earning us a reputation as the Mid-Atlantic’s premier collateral recovery service.
Car Repossession & More
Greenwood Recovery doesn’t fit the entertainment industry’s “repo man” mold. Our certified asset recovery specialists are thoroughly vetted, highly trained, and regularly updated on industry regulations — ensuring we maintain the professionalism and integrity that have guided our business since 1925.
We’re also fully compliant with all Consumer Financial Protection Bureau privacy standards.
Given our experience in the industry, we are capable of repossessing virtually any collateral used to secure a consumer loan:
- Cars and trucks
- Motorcycles and ATVs
- Jet skis and boats
- Heavy equipment and commercial vehicles
We utilize cutting-edge technology to locate the assets, even when the borrower has changed addresses. Our nation’s capital is particularly transient, for example, given the large number of government workers and contractors moving through the city. Even so, we have a broad reach thanks to Greenwood Recovery’s participation in the national Recovery Database Network.
When we recover a vehicle, it is transported to and stored in one of our highly secure satellite facilities, which are surrounded by electric fences and security cameras. If our clients aren’t able to make satisfactory arrangements with their borrowers within a mandatory redemption period, they often authorize us to offer the repossessed cars for sale. Our remarketing division prepares the property, markets it to potential buyers, and handles the transaction — selling vehicles weekly at the auto auctions near Washington, D.C., to satisfy the delinquent debt.
And because we are a full-service provider, we take care of all the details, including rekeying the locks and transferring the title.
Expert Asset Recovery
As one of the first repossession companies in the Baltimore-Washington, D.C., area, Greenwood Recovery is committed to staying at the forefront of the evolving industry. Third-generation company President Burt “Buz” Greenwood serves on the American Recovery Association’s board of directors, for example, following the example his father set. To discover what makes Greenwood different, call our friendly staff today at (410) 383-8000.