Inforuptcy Blog Archives March 2014

Find Bankruptcy Assets For Sale

Posted by Michael on March 6, 2014

In the midst of the global recession of 2009, I, Michael Mikikian (one of the co-founders of Inforuptcy), asked my best friend and bankruptcy attorney, Vahak Papasian (the other co-founder) where I could find bankruptcy assets for sale. When he said nowhere, we instantly knew there was an opportunity. Fast forward a few years, and we did it! We have aggregated the most comprehensive set of bankruptcy assets on the planet and are proud to introduce it to the public.

We have created an "MLS of bankruptcy assets" by quietly building the largest database of bankruptcy assets for sale on the web. We think Inforuptcy.com can fundamentally change how bankruptcy assets can be bought and sold, leveling the playing field for smaller investors. If you were or still are a fan of Pawn Stars, American Pickers, or Storage Wars then you will appreciate our new service that lets you find that diamond in the rough.

Our service empowers potential buyers to quickly and efficiently find distressed assets. We provide complete seller contact information in each listing and attach the relevant pleadings. With one click, subscribers can review the entire case docket and related case information. Our fully integrated solution allows potential buyers to easily conduct all the due diligence required to make a successful bid.

Our service also enables sellers to connect with buyers. We allow authorized sellers like trustees or auctioneers to list on our site for free. In fact, we encourage it! It is entirely free to create a new listing or enhance existing listings with more details, such as pictures and links. Our simple deal wizard connects directly to the bankruptcy case docket. A new listing can be created from scratch in under five minutes.

We are particularly excited in our longer term vision of empowering people to pursue the American dream to start a new company or buy their first home from assets found on our site. By doing so, recoveries from creditors will increase and interest rates for all Americans should go down. We think that is a good thing!

If you haven't already, please sign up to our newsletter, or just subscribe to start browsing our asset listings. Our plans start at $99 / month or $999 / year.