What is bankrupt stock

When a manufacturer, wholesaler or retailer goes bankrupt or files for insolvency due to not being able to pay their debts their stock and assets will be auctioned of by the appointed administrator. The time that this process takes is regulated by law so an auction is held to quickly sell their stock and repay as much of their debt as possible.
Bankrupt stock for sale has many advantages to the buyer, cheap prices and bulk buying are just a few.
Auctions will be held onsite or online, all bidders must register and be able to pay the amount plus any buyers premium before they bid. Picking up the item is the buyers responsibly and must be done in the allocated time frame or storage fees may apply.
Bankrupt stock will include everything the bankrupt company owns right down to their office supplies.
Look on our pages to find bankrupt stock auctions near you. Locations