Auction & Insolvency Guide

For those who are new to the world of company insolvency and distressed asset disposal, we have put together some basic guidelines, hints and tips which should give you a better understanding the procedures, and help you avoid costly mistakes and make good profits (or savings) once you actually begin trading.

  • A useful guide to the language and terminology used in discussing auctions and related matters. For instance, do you know what a 'Yankee Auction' is?

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  • You remember traditional auctions with an auctioneer, a podium and a gavel? They are still a great place for bargain hunters to purchase items you might not want to buy at distance.

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  • You can't just turn up and start scratching your nose at the auctioneer. Here's a guide to the procedures and also the documentation you might want to bring with you to an auction. This guide will also inform you about some things to watch out for.

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  • Online auctions are very popular nowadays. Read through our guide to learn some common terminology and some hints and tips for getting the most out of this type of distance selling.

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  • Details and descriptions of many kinds of auctions available - such as Catalogue Auctions, Vehicle Auctions, Private Treaties and Auction House Sales. What suits you and where do you find the kinds of products you want - at the best prices.

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  • A liquidator, administrator or receiver often sells bankrupt company assets as quickly as possible to cover fees and debts. Auction News service brings you comprehensive details of these types of sales.

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  • A quite long and extensive guide to insolvency terms and phraseology. Read on and find out if you need to watch out for a 'Floating Charge' or if you need to be aware of 'Misfeasance'.

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  • Everyone loves a bargain and there is no doubt that auctions and tenders offer some of the best buying opportunities for those people fortunate enough to hear about them. For traders and dealers, auctions are a great place to buy cheap, with a view to re-selling for a handsome profit.

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  • Find out about some of the many reasons why good are brought to auctions for sale.

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  • Find out about the wide variety of categories of good that you can expect to find for sale at auction.

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