2022 Edition

national industry 561491

Repossession Services

Overview

This U.S. industry comprises establishments primarily engaged in repossessing tangible assets (e.g., automobiles, boats, equipment, planes, furniture, appliances) for the creditor as a result of delinquent debts.

The immediate parent of national industry 561491 is international industry 56149: Other Business Support Services

2022 NAICS Edition Cross References

  • Providing monetary debt collection services--are classified in Industry 561440, Collection Agencies; and
  • Providing towing services to motor vehicles--are classified in Industry 488410, Motor Vehicle Towing.

History

The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.

Edition Existed Equivalent Value
2002 561491
2007 561491
2012 561491
2017 561491
2022 561491

Standard Industrial Classification (SIC) Mappings

  1. 7389 - Business Services, Not Elsewhere Classified

Insurance Industry Mappings

The US Property and Casualty Insurance Industry may use the following classification descriptions which might encompass national industry 561491, Repossession Services:

  1. administrative and support and waste management and remediation service
  2. administrative and support service
  3. business service not otherwise classified
  4. business support service
  5. other business support service
  6. repossession service
  7. sale and service organization
  8. sale or service organization

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