Inforuptcy Blog Archives January 2017

Business Bankruptcy Snapshot: Toisa Limited

Declaration of Robert Hennebry Pursuant to Local Bankruptcy Rule 1007-2 and in Support of the Debtors' Chapter 11 Petitions and First Day Pleadings filed by Albert Togut on behalf of Toisa Limited. (Attachments: # (1) Exhibit s: A-K) (Togut, Albert)

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2016 Year in Review - Bankruptcy Asset Sales

Posted by Inforuptcy Team, on January 6, 2017

Happy 2016!

Every year we like to take a broad look at the market and gain some perspective on what transpired the prior year. We wanted to share some statistics we compiled for 2016 regarding the bankruptcy assets we listed on our site since we have the largest database of asset sales with corresponding sale motions. In total, we had over 10,400 bankruptcy asset listings. The listings broke down into the following categories:

  • About 2,200 business assets listings
  • Nearly 4,900 real property listings
  • Over 3,300 personal asset listings

The infographic below breaks down these categories further and charts the listings by state and month.

Infographic of 2016 Bankruptcy Asset Listings

 
Testimonials

Theresa Bender, Esq., Chapter 7 Trustee, Tallahassee, Florida
"Listing with Inforuptcy has increased the liquidated values of my cases. It has reached a wider level of investors. This results in a greater distribution to the unsecured creditors."

Raymond J. Obuchowski, Chapter 7 Trustee, Bethel, Vermont
“Considering that I waited for six months for an offer before listing on Inforuptcy, I am quite pleased with the results, much of which is attributable to Inforuptcy’s dissemination of the information.”