
As a company we ensure very orderly and professional adherence to the following procedural things:
- Strict procedures governing repossession of vehicles, machinery and other moveable and immovable properties.
- The principal’s business image and decorum in the undertaking of auctions and execution of court orders is followed.
- Insurance of warehouses and yards for storage of repossessed items is adhered to strictly to avoid unnecessary losses.
- Legal procedures governing auctions are followed.
- Auction reports observing Auctioneers rules and agreed on procedures of auctions are availed to principals and filed professionally to seal any loopholes that those affected would want to exploit.
- Handing over of the properties purchased in the auctions is handled with strict adherence to records.
Separate the business entity from the owner
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for all debts incurred by the business.
Having a business name does not separate
The creditors can go after the owner\’s personal possessions.
If the business acquires debts, the creditors can go after the owner\’s personal possessions