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What does auctioning mean?
What is a bankruptcy auction?
What is a bankruptcy auction?
BVA Klantenservice avatar
Written by BVA Klantenservice
Updated over a week ago

In a bankruptcy auction, the stock-in-trade of a bankrupt company is auctioned on the instructions of a trustee.

Real Estate

In the case of a bankruptcy auction, a trustee has the right to auction off movable property. They have been given this right after a court ruling. There is no right of return on a bankruptcy auction.

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