Bankruptcy sales

Bankruptcy sales refer to the transfer of assets or property from a business or individual that has filed for bankruptcy. These sales are often conducted to quickly liquidate assets to pay creditors. The process is typically overseen by a court or trustee and involves selling assets at auction or through other means. The goal is to maximize value for creditors in a transparent manner. Buyers should understand that these assets may be sold “as-is,” often at a discount, due to their financial circumstances or condition.