1.How much do you charge?

Fees consist of administration fees and all disbursements that we make on behalf of your company (i.e. costs for searches and registrations, bailiff fees, storage, tow fees, keys, etc.)
A cost quote cannot be given as all agents in Canada are bailiffs appointed by the government and work under time and mileage charges not flat rates. They do not work on contingency.

2. What is a PPSA?

PPSA: Personal Property Security Act. This is Provincial Legislation across Canada , which provides a set of rules and priorities for the purchase and sale of moveable property where the lender/creditor has a Security interest in the property. The equivalent legislation across the United States is the UCC (Uniform Commercial Code).

PPSA Registration: A Creditor/Lender can register a financial statement in a provincial wide database, which will serve as notice to all third parties that there is a Lien registered against the Security if a PPSA search is conducted on the Personal Property. This will serve as notice to all parties that are interested in purchasing the Personal Property that a Creditor/Lender holds a Security Interest in the property. Note: liens are registered by way of a PPSA registration and not on title as is the case in the US .

PPSA Search: A search for any Lien registrations in the PPSA Register.
Database maintained by Provincial Governments.

3. What is a MVS?

MVS: Motor Vehicle Search. A database maintained by Provincial Governments, which provides information about the history or registered owners of motor vehicles and enables identification based on the vehicle identification number (V.I.N), year, make and model of motor vehicles. (note: similar to the DMV)

4. Why would I need a PPSA or MVS?

PPSA would be needed to ensure that no creditors in Canada have secured interest in the security. If there are no liens registered we will register a lien on your behalf. The search would be run in the province it is suspected the customer is located in, and registered in the same.

MVS would be needed to ensure the US customer has not sold the security in Canada .
The search would be run in the province it is suspected the customer is located in.

5.  What will I need to send you in order for you to work my assignment?

In order to work the assignment we will need a copy of the signed security agreement, copy of the US title, full names for customers on the contract and all DOB's, any additional docs i.e. credit application, and signed letter of assignment.

6. Do you do skip tracing, if so how much is it?

Yes we can skip trace. The skip tracer works on a no find no fee basis at a rate of $300 USD. If the account is resolved and or recovered due to the involvement of the skip tracer the fee will apply.