The debtor currently has a real opportunity to close his debts in enforcement proceedings with lots of bankruptcy bidding. In enforcement proceedings, the debtor, if he does not have money, has the right to pay off his debts with any property. At the bankruptcy auction, you can buy any property several times below the market. Having bought the property at the bankruptcy auction, it can either be resold profitably and pay off the debts, or immediately after purchase it can be offered in enforcement proceedings for sale at a market price.
Necessary
- - a small amount of money
- - some free time
- - clear awareness of the algorithm of actions
- - confidence, dedication
- - readiness and desire to act
Instructions
Step 1
It is necessary to decide which property is most profitable to cover your debt in enforcement proceedings. At the bankruptcy auction, real estate, transport, securities, accounts receivable, and other values (coins, fur coats, furniture, office equipment, household appliances, etc.) are sold below the market
Step 2
To begin with, we are looking for different units of property, based on your budget. It is most convenient to search for lots through aggregators of bankruptcy tenders or search engines of individual electronic platforms. We are looking for lots either on our own or through specialists in buying property through bankruptcy bidding.
Step 3
Then you need to make a preliminary assessment of the selected lots and determine the purchase price of the lot at the auction. The price of a lot can be determined by similar products on message boards or from experts in the field of valuation. The lowest lot price at the last stages of the public offering.
Step 4
After choosing and evaluating the lot, we buy the lot on our own or with the help of specialists in bankruptcy auctions. The lot needs to be bought not for yourself, but for relatives and friends, due to the numerous restrictions for the debtor in enforcement proceedings.
Step 5
After purchasing the selected lots, we take actions to sell the purchased lots at the market price or offer them in enforcement proceedings for sale at the market price. As a result, debts in enforcement proceedings are paid in lots from bankruptcy auctions.
