Distressed assets for sale

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The place to buy and sell distressed business
and property assets
Website http//www.insolvencymarket.com.au/ Cont
act 5c (Ground Level) 28-30 Jackson
Street TOORAK VIC 3142 Australia.Email
info_at_insolvencymarket.com.au
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About Insolvency Market

• At Insolvency Market our aim is to create and
  strengthen the link between buyers and sellers of
  distressed assets. We have made the advertising
  and search process as simple and comprehensive as
  possible by creating an easy-to-use navigation
  process, where buyers can search and locate
  assets of interest.
• We are an Australian owned company,
  headquartered in Melbourne. For more information
  go to Contact Us page.

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How Insolvency Concept Works?

• From time to time, businesses (and individuals)
  face financial difficulty and may not be able to
  service or pay back their financial obligations
  to creditors. When this occurs, the company (or
  individual) may need to sell assets in order to
  pay back creditors and an insolvency practitioner
  may be appointed to administer the sale of such
  assets.
• Selling 'distressed' assets requires insolvency
  practitioners to act in the best interest of
  creditors and shareholders, and exercise a high
  standard of professional service and conduct. As
  part of this duty of care, insolvency
  practitioners use their best efforts to obtain
  the market price for assets - or at least a
  reasonably attainable price given the
  circumstances.
• Buying distressed assets may differ from other
  retail products and services given the varying
  types of assets, location of assets and unusually
  short time-frames for selling. Practitioners will
  use their discretion to determine the most
  optimal mode of sale and determine whether an
  auction is most appropriate or directly selling
  to the public (through collecting expressions of
  interest).
• Insolvencymarket assists practitioners in
  advertising assets and strengthens the channel
  between buyers and sellers, creating greater
  transparency and exposure in the sale process
  than previously available.

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Continuation to How Insolvency Works?

• Information available about the sale includes
• Asset description and photos
• Valuation of the asset
• Mode of sale - auction house vs. expressions of
  interest
• Auction date / closing date for expressions of
  interest
• Location of asset
• Seller contact information

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Continuation to How Insolvency Works?

• AUCTIONS
• If the sale process is through an auction,
  insolvencymarket will provide all the information
  needed for you to participate in the auction -
  the name of the auction house, the location and
  time of the auction. It's up to you to attend the
  auction or get in touch with the auction house if
  you want to participate in the sale.
• EXPRESSIONS OF INTEREST
• If the sale is directly with the practitioner,
  you are encouraged to contact the practitioner
  with an expression of interest. Once expressions
  of interest have been collected (up until the
  closing date) the practitioner will usually pick
  a handful of the most appropriate parties to deal
  with, and then begin negotiations directly with
  those parties.
• If you see an asset of interest and believe you
  can make an attractive offer, then use the
  "Expression of Interest Form" located to the
  right of the advertisement. This form will enable
  you to send emails directly to the seller. You
  must first sign up with insolvencymarket before
  you can submit an email through the Expression of
  Interest form.

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Insolvency offerings

• Become a distressed asset Buyer
• Through signing up as a distressed asset buyer
  you will have access to Free use of the site
• The full range of insolvent company assets
• Be able to communicate directly with sellers
  through the 'Expression of interest' form
• Receive email notifications when assets of
  interests are listed
• Distressed Asset Sellers For Practitioners
• Sign up now to receive a free 3 month trial
  including having access to
• Advertise the sale of insolvent company assets
• respond to interested parties
• A full range of services designed to promote and
  facilitate quick and easy disposals.
• For more information please refer to client
  services