Online Only Auction
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Price Realized:
310.00 USD
Shipping Not Available
Date(s)
4/11/2016 - 6/10/2016
AUCTIONEER INFORMATION
Bidding Notice:

This is an internet only auction.

Auction Notice:

VERY IMPORTANT: Bidders must be available to pick up their items on Friday or Saturday after the auction (June 10th and June 11th). Do NOT place a bid if you cannot have your items picked up by that time.


Information
Lot # 92
Lead LINCOLN POWER MIG 255 WELDER
Name Core Process and Compression, LLC Bankruptcy 6-10-16
Auctioneer
Type Online-Only Auction
Date(s) 4/11/2016 - 6/10/2016
Auction Date/Time Info
Friday, June 10, 2016 at 10AM CST.
Preview Date/Time Thursday, June 9, 2016 from 1pm to 5pm.
Checkout Date/Time All items must be paid for on the day of the auction. Load-Out will be on the day of the auction after the auction is completely finished up until 5pm, as well as Saturday, June 11, 2016 from 8am to 5pm.
Location
Buyer Premium 10% BUYER'S PREMIUM
Description
We have been commissioned by United States Bankruptcy Trustee Elizabeth Andrus to auction off the assets of Core Process and Compression, LLC to the highest bidder at an ONLINE ONLY auction that will close on Friday, June 10, 2016 beginning at 10:00 AM CST. This will NOT be a live onsite auction, therefore all bidding will be conducted via the internet at www.lawlerauction.com. (Court approval pending).
There is a ten percent (10%) buyer's premium on all items. Payment must be made in full on the day of the auction. The bidder's credit card on file will be charged unless the bidder notifies the auction company in the "Auctioneer's Notes" section of the account stating that they will appear in person on the day of the auction to pay with cash or bank wire transfer. If payment is not received immediately however, the auctioneer reserves the right to sell the items to the next highest bidder. All vehicles, tractors, and equipment should be inspected carefully by a qualified professional before operating, and all vehicles must have insurance before they can be driven off the auction site. All items must be removed from the auction site on the day of the auction up until 5pm or on Saturday, June 11, 2016 (8am to 5pm) However Lawler Auction Company, it's Consignors, agents, officers, owners, and employees are not to be held responsible or liable for any item left on the auction property regardless of when the items are picked up. Buyer is solely responsible for the security of the items purchased and therefore should remove items from the auction site immediately. Load-out is the responsibility of the buyer, therefore bidders are encouraged to bring plenty of help necessary to load-out their own items. Lawler Auctions will provide fork lift assistance (up to 5,000 pounds) for a fee of $15 per lift. Buyers may bring their own load-out equipment, however a certificate of insurance will be required before the equipment can be unloaded. For other auction terms and conditions, please visit www.lawlerauction.com and click on Buyer Terms & Conditions or read your bidder contract.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10.00 1.00 USD
10.01 - 25.00 2.50 USD
25.01 - 100.00 5.00 USD
100.01 - 300.00 10.00 USD
300.01 - 1,000.00 25.00 USD
1,000.01 - 2,000.00 50.00 USD
2,000.01 - 3,000.00 100.00 USD
3,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 10% BUYER'S PREMIUM
Payment Terms
This is a cash only auction. Checks will NOT be accepted without a Bank Letter Of Guarantee (not letter of credit) guarantying that the check will be good for 15 days. Credit cards will be accepted, however there is a 3% surcharge. Bank wires will only be accepted if received on the day of the auction (Friday, June 10, 2016) and approved in advance by the auctioneer.
Shipping and transportation is the responsibility of the buyer. However Shipping, Etc., located in Lafayette, Louisiana is happy to assist you with picking up your items and arranging for all of your crating and shipping needs. You can contact them directly for their rates and charges by calling (337) 235-2544. John Nugent's email address is mail@shippingetc.com. John M Nugent Shipping Etc LLC 3209 West Pinhook Road Lafayette, LA 70508 (337) 235-2544
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.