North Dakota Repossession Service

Professional Vehicle Recovery Across the Peace Garden State

Statewide Service Expertise in North Dakota

Speedy Repo has adapted to its unique repossession circumstances and needs in North Dakota for over 15 years. Servicing over 780,000 residents of North Dakota, we cover a large variety of geographic and demographic features in the state with a size of 70,698 square miles. From the oil boom towns of the Bakken formation to the agricultural heartland of the Red River Valley, we have seen most everything North Dakota has to offer when it comes to the operational challenges that affect repossession across the state.

Our experience of repossession in North Dakota has witnessed the breadth of industry changes the state has realized since its days of traditional farming community to where large parts of western North Dakota are experiencing a complete energy boom, leaving the rest as the dominant agricultural regions. We have repossessed everything from farming equipment lost in the spring mud season to oil field vehicles in remote Bakken locations where there is no reliable GPS and the next town is fifty-mile away. In the peak oil boom month of July 2014, Speedy Repo was able to manage a 300% increase in recoveries of commercial vehicles, while enjoying a commitment to same-day response times.

We mostly service the large urban centres of Fargo-Moorhead, Bismarck-Mandan, Grand Forks and Minot, but there lies our real success in assuring we can reach the true 90% of North Dakota that is rural. We also have strategic relationships with ‘mom-and-pop’ tow companies located in oil patch communities of Williston, Watford City, Tioga, and surrounding area, which allows us to respond almost immediately without worry of highways being closed by a winter storm for days. Key Statistics:

Population Served: 780,000

Area Served: 70,698 square miles

Number of Vehicles: 45 specialized vehicles

Average Response Time: 4.2 hours statewide

North Dakota Operational Experience

Bakken Oil Field Operations: The oil boom in western North Dakota has offered unique situations we have repeatedly learned from and are now masters at dealing with. Many recovery sites are on private lease roads only discovered by directly being involved in the oil boom. This involves understanding and dealing with the relationships we built with oil companies and local contractors since we began operations in this region. We have successfully recovered millions of dollars in drilling equipment from remote pad sites that can only be accessed by seasonal roads, all while successfully coordinating the time aspect with drilling supervisors and safety teams.

Farm Equipment Recovery Operations: Each spring and fall brings challenges of combining, tractor, and grain truck recoveries usually involving combines or tractors stuck in field conditions or sick stored at far-away farm sites. Our team understands the cash flow cycle of North Dakota farmers and we coordinate farm equipment recoveries with agricultural lenders have a history of funding these farmers deal with during the planting and harvesting season. A delay in a transaction can be shipping in or out can change the viability of a farming operation.

Specialized Services for North Dakota

Standard Vehicle Recovery – This includes everything from pickup trucks involved in rural life to coach class and luxury vehicles that the oil boom brought into Williston and Watford City.

Repossession of Oil Field Equipment – We have developed the ability to effectively manage the recovery of drilling equipment, service trucks, and specialized oilfield equipment or vehicles utilizing a specialized oilfield equipment repo tracking system to coordinate with well operators and follow their safety protocols.

Repossession of Agricultural Equipment – Our understanding of a grower’s use of specified agricultural equipment has allowed us to effectively manage combines, tractors, grain trucks and specialized farm equipment in conjunction with a growers seasonal use, often identifying main seasonal uses and or locations for each items storage.

Repossession of Recreational vehicles – Our work to recover campers, snowmobiles, ATVs and fishing boats has been normal and fairly uncomplicated considering the previous oil booms. North Dakota is a vehicle based outdoor recreation culture, and used recreational vehicles are plentiful.

Repossession of Commercial Fleets – Be it grain haul trucks or specialized oil transport, we have the experience to repomanage most any vehicle fleet as well as acknowledging the logistical challenge of the remote North Dakota side of things, we are experienced repo agent and as such we manage well with co-ordinating our recovery plans remotely before travelling considerable distances.

Repossession of Specialized Assets – We have experience repossessing everything from oil pumping units to grain elevators and working directly with energy and agricultural lenders on these specialized assets that are unique to North Dakota.

Specific Covering Coverage Strategy

Our repo covering strategy is based entirely upon North Dakota’s unique geography that essentially means 70% of the population resides in just four metropolitan areas, while the demands for repo service reside across remote energy and agricultural respectable regions. The geographical areas we are directly responsible for repo management; Fargo-West Fargo corridor along I-94, the Bismarck-Mandan capital region, the Grand Forks and Red River Valley area of the North and Minot area repo servicing north central counties.

Working in rural areas usually requires both contacting local farmers, ranchers, and energy workers to gauge seasonal land access restrictions. For example, the spring mud season can close rural sites for weeks while blizzards can require the use of tracked equipment or coordination with county snowplow operations to reach these remote locations.

North Dakota Legal Compliance Knowledge relates to North Dakota’s self help repossession laws that adhere to strict standards of peaceful repossession and allow professional repossessors to work without notification in many cases. We keep detailed records of all recovery attempts and follow proper notification methods as often as possible and in the timeframes that the state allows.

With North Dakota’s unique previous requirement to verify insurance of repossession prior to repossession, we have made it a priority to assure we are properly bonded and insured before any recovery attempt. The state does provide an equally unique 15-day redemption period, and as always, follow proper notice procedures that comply with county clerk requirements, especially in today’s agricultural counties vs. oil boom area counties that are full of population turnover.

To this day, our team maintains all current North Dakota licensing and bonding requirements, realizing that the sheriffs in oil counties often want further verification because of the increased theft concerns within their high-type equipment to recover. We have maintained a 100% compliant history record with the North Dakota Department of Transportation, and all 53 counties in North Dakota local law enforcement.

Since we maintain professional relationships with North Dakota county attorneys and clerks, we make sure processing title transfers and maintain create lien documentation goes smoothly, particularly when dealing with agricultural equipment which has seasonal use patterns grouped to affect the timing for legal reasons.

With a 94% successful recovery rate through some of the most challenging weather and conditions in North Dakota, we respond within 4 hours in metropolitan areas and 8 hours in rural locations in normal conditions. Any delays caused by direct effects of the weather will immediately be reported and alternate recovery timelines will be offered.

Operating in North Dakota for 15 years, we maintain professional licensing and bonding specific to North Dakota requirements, with specialized insurance coverages that dictate oil field and agricultural equipment recovery projects.