I hope it has been helpful
in your search for phone numbers and addresses. Several can be found on
the internet..while others are a little harder to find! If you have printed
out this information..I ask you please e-mail me to let me know Here!
both Real and Personal, that has been distressed from
bankruptcy or death in the family, can offer some real
good bargains. These
items were never intended for re-sale, therefor, the
merchandise quality is
usually better than average sales. The owners are usually
trying to aquire
cash to pay creditors in full or part. While others are
wanting to liquidate
property that they cannot afford to maintain.
The best source
for these sales is the newspaper! Many of these
sales are initiated by banks or other lending institutions.
After they have
taken possession of the property used as collateral for
a loan, in order to
re-coup their lost revenue, they offer the items for
sale to the public.
This is best done by utilizing auctions and sales. It
is these sales that
serious auction goers attend, because of the local locations,
resale able merchandise for profit!...Check your local
newspaper daily for
Sales, distressed property is available. These sales
governed by the Federal Bankruptcy Act and are sold as
a result of a Court
Order. They are mostly held in a Public Auction House...a
business where frequent auctions are held. These sales
advertised in the local newspaper, fliers and sometimes
through the US Mail.
Both Oral and Sealed Bid auction formats are often used.
is usually made by the 'Auction House' that has been
assigned to handle the sale. Some of the Bankruptcy Court's
offer a mailing
list. To find out about these "list's", if any,
or about up-coming sales,
contact your County Bankruptcy Court. The address and
phone number may be
found under "Government Office's" in your local phone
(click on your preference)
Some New pages added on 4/17/99