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Louisiana Repossession Service

Professional Vehicle Recovery Across The Pelican State

Speedy Repo has been providing comprehensive repossession services in Louisiana’s unrivaled 15 years of repossession operating experience across the Pelican State has afforded us the ability to serve the vast and complex demographic of 4.6 million people, across 52,378 square miles of diverse terrain. From the bustling ports of New Orleans, to the oilfields of Lake Charles, our repossession team located within Louisiana understands the unique barriers to repossession in the Pelican State.

Operating in all 64 parishes, Speedy Repo has developed a comfortable position overseeing recovery operations in some of the state’s most challenging geography – from the Mississippi River delta wetlands to the piney hills of North Louisiana. Our operational experience spans Louisiana’s various economic centers including New Orleans, Baton Rouge, Shreveport, and Lafayette. During our repossession journeys across the pelican state, we recover everything from common passenger vehicles to specialty equipment servicing Louisiana’s petrochemical industry, through the expansive Louisiana landscape.

Important Documents & Information

Required forms and audio briefing for prospective clients

Repo Contract

Pricing Information

Understanding and navigating Louisiana’s economy provides various challenges that will require specific experience, expertise and procedures for vehicle recovery and we have created processes to address asset recovery of drilling equipment in the Haynesville shale region, sugar cane harvesting equipment during critical harvesting seasons in Louisiana, and marine vessel recovery along the vast waterway and gulf visitations in Louisiana, not to mention the challenges associated with coordinating recovery of assets from offshore oil platforms only accessible by water; it is our mission to provide full-service repossession no matter the available modes of access.

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Repossession Pricing

Louisiana Statistics:

Total Population: 4.6 Million

Geographic Service Area: 52,378 Square Miles

Active Fleet Recovery Vehicles: 45

Average Response Time: 2.8 Hours Across Louisiana

Louisiana Expertise & Operational Advantages

An operations in Louisiana enables Speedy Repo to capitalize on (3) important operational state-specific advantages that act as a further testimony to our profound operational experience. Hurricane Preparedness & Recovery describes our most niche capability— we have pre-positioned equipment and developed protocols for responding to the aftermath of hurricanes in terms of muddy roads, debris fields, temporary shelter locations. After Hurricane Ida, we were able to recover 127 vehicles in 72 hours post-storm passage, including boats advancing on shore after the storm surge had moved inland.

Wetlands & Terrain Navigation highlights the equipment and training we employ to address Louisiana’s unique geography. The company has recovery equipment to access via airboat and GPS calibrated specifically for Louisiana’s unique marsh/wetland where normal navigational protocols fail. We have recovered everything from pickup trucks submerged in water backwaters to construction equipment stuck in Mississippi River batture land.

Louisiana Based Services

Standard Vehicle Recovery deals with the uniquely Louisiana vehicle mix, including a large percentage of pickup trucks necessary for hurricane evacuation, and the elevated vehicles parked in flood prone areas. We have adapted our Louisiana protocols to safely recover vehicles on elevated foundations and to self-rescue vessels being used for emergency transportation.

Recreational Vehicle Repossession is a service state for Louisiana’s recreation vehicle culture, particularly the travel trailers and motorhomes used for hurricane evacuation or camping at state parks. Our experience includes recovering RVs from remote camping locations within Kisatchie National Forest and beach-based campgrounds that are only accessible at low tide.

Commercial Equipment Recovery concentrates on the primary industries of Louisiana( oil/gas extraction equipment, sugar cane harvesters, rice farming equipment, and seafood processing equipment). We have recovered drilling equipment from remote Hayneville Shale production nodes and equipment for crawfish farms in Acadiana.

Marine asset recovery leverages LumpSum’s utilization of Louisiana’s geographic asset–the state’s 7,700 miles of navigable waterways. We recover everything from commercial fishing vessels to recreational boats, from civic evacuations during hurricanes to equipment when being loaded to a Mississippi River barge for a return trip.

Heavy Equipment Repossession serves Louisiana’s construction and energy sector. We have repossession experience in removing pipeline laying equipment, chemical plant related equipment, and equipment used for hurricane storm debris cleanup. We have worked with the Louisiana Department of Transportation on recoveries of equipment associated with state highway construction.

Specialized Asset Recovery covers Louisiana’s uniqueness in equipment—oil platform assets requiring helicopter transport; and vintage equipment used in Louisiana’s historic sugar industries that are still operating on equipment that is decades old.

Statewide Coverage Approach

Our Louisiana coverage approach takes into consideration the unique geographic conditions, with our primary operations concentrated in New Orleans, Baton Rouge, Shreveport, and Lafayette, with satellite locations based in: Lake Charles, Monroe, Alexandria, and Houma. We keep specialized equipment strategically placed in coastal areas prone to hurricane activity; we have designed specific protocols to access Louisiana’s plethora of islands and peninsula communities.

Metropolitan Coverage: New Orleans metro (Jefferson, St. Tammany, and St. Charles). Louisiana Fleet Area: We operate throughout Louisiana including, the New Orleans metro area (Orleans, Jefferson, St. tammany, and Charles parishes), the Baton Rouge area (East and West Baton Rouge parishes), the Shreveport-Bossier City metro area, Lafayette and its surrounding Acadiana parishes, Lake Charles and Southwest Louisiana.

Statewide Coordination: With our operating location along I-10, I-12, I-20, I-49 and I-55, we can respond quickly with our protocols for Louisiana’s unique situations including seasonal flooding of known routes, hurricane evacuation and traffic flow patterns, and the limited amount of bridge crossing points that can create bottlenecks on transportation.

Weather Operations: We have planned pre-storm staging areas and post-storm access protocols that are unique to Louisiana and take into account similar access and rebuilding challenges faced by Louisiana’s communities. This includes managing the requirements and expectations of Emergency Management from each parish (county) and the Louisiana state emergency management priority access routes after a storm.

Louisiana Law and Procedures

Louisiana’s repossession laws require a certain skill set that gives credibility to our genuine operational experience in Louisiana. Louisiana Revised Statutes (LRS) Title 9 provides the governing laws for our operations, and we are in full compliance by also adhering to Louisiana’s unique requirement for 10-day notice provisions that are not found in many of the other states.

Unique Parish-Level Variations requires knowledge from operations within Louisiana. We currently have the relationships with clerks of court across all 64 parishes, and we know tardy recording fees and procedures that can vary as considerably as Orleans Parish’s electronic system, and on the other end of the continuum rural parishes different forms of paper operations.

Professional Licensing that includes our Louisiana recovery agent licenses and the compliance surrounding Louisiana specific bonding requirements, that are both different in like amount and renewal. Louisiana liability insurance that meets the Louisiana-specific wetlands and marine operational requirements, which are somewhat more specific than other states.

No-Breach Track Record in Louisiana that includes successful recoveries of more than 12,000 units, with no notable challenges in any legal venue, substantiating our real and complete understanding of Louisiana’s prescribed procedures and efforts to be compliant with the requirements of the State.

State Summary: 94.7% recovery rate across Louisiana with statewide average response rate of 2.8 hours. Our Louisiana operations maintain 98.2 % customer satisfactory rates, and zero state required violations in Louisiana metrics for 15 years.

Regional Response commitments met: New Orleans Metro (1.5 hrs), Baton Rouge Region (2 hrs), North Louisiana Region (3hrs), South West Region (2.5 hrs), and 24/7 for emergency hurricane responses during hurricane seasonal traffic.