| FE&E, Inc. is one
of the leading full-service financial investigation
firms in Arizona. Our specialty is producing substantial
results in the areas of asset recovery and skip tracing.
We have been supporting law firms, finance companies,
and their clients since 1991, and not just in Arizona;
our experience is local, national, and international.
We know how frustrating chasing debtors
can be. Finding people who are hiding your collateral
takes skill and experience. Finding their jobs and assets
takes a specialist. FE&E excels in these areas,
finding even difficult to locate skips and their hidden
assets.
| • |
Our
advanced methods translate into faster turns on
your files. We don’t spin our wheels. We concentrate
on results for you. |
| • |
Accurate
information on debtors and their associates translates
into faster recovery on your accounts. Time is money.
The faster assets are identified, and the recovery
process started, the better the odds of collecting
on pre-charge off, post-charge off and judgments. |
| • |
Thorough
research translates into more places to affect a
recovery. There may be more than one place to collect.
We can look locally, nationally, and in some cases,
internationally to find viable assets to further
your recoveries if going legal. |
We can do the same for you. Through
the years, we have developed proprietary processes and
methods that help produce the results we know you will
appreciate.
Schedule of Fees (Revised January 1, 2005)
Action
Fee(s) |
Fee(s) |
Locate
your collateral/vehicle |
$300 |
Locate
your collateral but it has been lien sold |
$200 |
Locate
your customer (if location unknown) |
CALL |
We
assist your repossession agent, or ours, in the
repossession of your collateral |
$
75 |
Settlement
in Full (SIF) facilitated |
$300 |
Payment
in Full (PIF) facilitated |
$300 |
Close
fees for account assigned less than 30 days* |
$
50 |
Close
fees for account assigned 30+ days* |
$
75 |
*Close fees are charged if client closes the account
and work has been done on the account. Close fees are
not charged if customer is located, collateral located,
SIF/PIF is completed, and/or no work has been done.
Definitions/Terminology
Locate: Discovering the location/place
of your collateral or customer by searching, examining,
and/or
investigating.
Repossession: Action of regaining
possession in a UCC self-help action in a lawful seizure
of collateral securing a loan that is in default.
Lien Sale: Usually refers to a mechanics
lien sale, i.e., consumer takes a vehicle into a shop
to get fixed, but does not return to pay the fees owed
and the consumer leaves the collateral there. The mechanic,
in some states, may have a right to file a lien against
the asset “mechanic’s lien,” for unpaid
services or repairs. The mechanic may have a right under
most states laws to file a lien commonly referred to
as a "mechanics lien". The mechanic may sell
the unit to recover what is owed.
Impound: Taken into possession by a
legal authority such as; Police impound, private impound
for
parking, etc.
Totaled: Demolished.
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