BANKRUPTCY Auctions

Statewide Liquidators & Auction Co. - Standing Auctioneers for the US Bankruptcy Court. We provide Consultations, Appraisals, Marketing, Liquidation Strategies and 30+ years of Auction Expertise. Salt Lake City - Utah - USA

Lawler auction Company - Auctioning a range of goods from the Sheriffs dept and United States Bankruptcy Court, we also maintain one of the largest farm equipment outlets in Northwestern Louisiana. Shreveport - Louisiana - USA

Lightning Auctions, Inc - Services for Estate appraisals, Auto appraisals, Jewelery appraisals, Antique appraisals, Auto auctions, antique & collectable auctions, Estate & Bankruptcy auctions. Sparks - Nevada - USA

Garrett Inc. - Specializing in the sale of Real Estate for over 30 years. Clients include: FDIC, HUD, US Marshals, Bankruptcy Court, City and State Governments. Boston - MA - USA

Texas-National Auctioneers - Professional Auctioneering - Estates - Bankruptcy - Real Estate - General Merchandise - Business Liquidation. Houston - Texas - USA

Kozma Appraisal & Auction Services, Inc - A full service company providing professional services to banks, probate attorney's, bankruptcy courts, corporate and small business, government agencies, and the general public. Hemet - California - USA

Brunson & Associates - Full service auctioneers specializing in business liquidation and bankruptcy sales through live auctions. Located in Dallas / Fort Worth metroplex. Dallas - Texas - USA

Even in good economic times as well as bad, businesses and corporations run into financial difficulties. Sometimes a vendor does not deliver raw material forcing you to lose a sale, your customer does not pay their bills for goods delivered or even you get priced out of the US market because of Chinese competition and their cheap labor. For any number of reasons small businesses and corporations who run at the very edge of their financial limits can get pushed over into insolvency. Especially with these economic times since the financial meltdown of 2008, many businesses have failed or about to fail.If the business or corporation cannot continue financially, chances are they will file for bankruptcy and their assets will be seized and eventually sold to the highest bidder.

In many instances assets are appraised and sold at auction to the highest bidder to satisfy creditors and shareholders. Usually, when business assets are sold at bankruptcy auctions, they usually sell for pennies on the dollar. As a result of this urgency to dispose of assets in a timely fashion, brings opportunity to other businesses and even individuals to profit from the demise of a business entity. Usually the adage in business is, there are always opportunities available even during a bankruptcy. Per U. S. bankruptcy laws,the sale of business assets requires a court order. Generally, when a business files for bankruptcy a court appointed trustee will be put in charge of liquidating the assets of the business. Their goal is to achieve the highest possible price for the asset, but in many instances, time is of the essence and assets cannot be sold individually or marketed properly to achieve top dollar. In most cases, the liquidation trustee has at most 30 days to dispose of assets. In most cases the court appointed liquidation trustee would engage the services of an asset liquidation firm. Public notice will be made in newspapers, websites, various publications etc. that an auction will be held soon for disposition of assets. Per bankruptcy procedures, the assets must be made available for public viewing. These assets can be examined within this 30 day viewing period and a purchasing strategy can be developed by the potential buyer. This open and above board policy of making assets available for viewing to the general public, allows everyone a fair shot for the purchase of the assets. All that is needed is either a cashiers check or cash to purchase and take delivery of the asset.

Many small specialized businesses thrive in lean economic times by purchasing assets at bankruptcy and reselling them individually to other businesses at a profit. A vast majority of businesses do not have the time or manpower to research and make purchases at bankruptcy auctions and hence, a opportunity exists to resell items bought in bankruptcy. Another favorite adage in business is, buy low - sell high. Bankruptcy auctions help you achieve this particular strategy.

Shown above, are several of our partner bankruptcy liquidation firms that specialize in these types of bankruptcy asset liquidation auctions. We urge you to visit them and gather as much information for yourself as to the types of assets being currently liquidated. We wish you Happy Bidding and much sucess.