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CIFAS Marker Removal UK

Asset Conversion

Asset Conversion usually involves financed or leased goods being sold, retained, or not returned in a way the organisation says was dishonest.

ACCommon contexts: Vehicle Finance, Goods Retention, Lease Default

Use this guide if the wording in your CIFAS report or member correspondence points to asset conversion. The aim is to understand what is being alleged before deciding how to frame the complaint.

About Asset Conversion

Asset Conversion usually involves financed or leased goods being sold, retained, or not returned in a way the organisation says was dishonest.

Common subtypes

Vehicle FinanceGoods RetentionLease Default

What we look at

When reviewing a Asset Conversion case, the useful questions usually centre on the following areas:

  • Whether this is really a civil dispute rather than fraud
  • Whether the goods were returned or offered back
  • Whether you believed you were entitled to act as you did
  • Whether the organisation has clear evidence of dishonesty

Have a Asset Conversion marker?

Use the assessment to identify the complaint stage, organise the chronology, and decide which documents matter most.

Start Your Assessment