Repossession Services

Establishments in the NAICS industry 561491, Repossession Services, primarily engage in the recovery of tangible assets from individuals or businesses that have defaulted on loans or lease agreements. The core activity involves locating, securing, and transporting repossessed items such as vehicles, boats, or equipment back to the lender or leasing company. This industry is distinguished from related industries by its focus on the physical retrieval of property, rather than debt collection or financial recovery services.