This article applies to forwarders
Completing On Hook
On-Hook allows you to mark the collateral repossessed as soon as it is recovered and you can then complete the Asset Recovery form and pictures.
Step 1: In your open cases, locate and click on the case that has been recovered to bring up the Case Details screen.
Step 2: Click the On-Hook Button
Step 3: Click Submit to confirm
Clicking On-Hook/Submit will change the case status to Repossession Pending - On-Hook and the Asset Recovery button will be present in the Case Details section.
Completing Asset Recovery
Step 1: Click on the Asset Recovery button to open the form.
There are three sections in the form to be filled by the forwarder.
Note: If Damage or Personal Property is indicated, those sections will also need to be completed.
- Collateral
- Damage (If applicable)
- Personal Property (if applicable)
- Recovery Details
- Storage Information
Collateral:
Specific information about the collateral such as collateral type, the number of miles on the speedometer, plate details and drive-ability, etc.
Note: If you want to create a condition report, select Create New in the Condition Report dropdown
Damage - If this is marked as yes in the dropdown, a Damage section will appear on the form
Personal Property- if this is marked as yes in the dropdown, a Personal Property section will appear on the form