Asset recovery is rarely straightforward. In this insightful article, Natalie Markovski of Law Squared explores the legal and practical challenges financiers, recoveries managers and field agents face when dealing with defaulted secured finance contracts. From voluntary surrenders and payment arrangements to repossession orders, locating hidden assets and managing safety risks, the article highlights the importance of early engagement, strong evidence gathering and understanding the legal remedies available when recovery efforts become complex. The key message for lenders is clear: successful recoveries are achieved through a combination of operational discipline, proactive communication and timely legal support
