Bankruptcy & Trustee Auction Services

We work directly with Chapter 7 and Chapter 11 trustees, debtor’s counsel, secured lenders, and special assets teams to convert assets to cash efficiently and in full compliance with the Bankruptcy Code. From the first case review through final reporting, our role is simple: protect the estate, meet court expectations, and maximize recovery.

With decades of hands-on experience across commercial, industrial, and real estate auctions, Worley Auctioneers provides turnkey bankruptcy auction services trusted throughout the Midwest and beyond.

Who We Work With

Chapter 7 Panel Trustees

We assist trustees with identifying and liquidating non-exempt assets, preparing court-ready documentation, and moving property to market efficiently so distributions aren’t delayed.

Chapter 11 Debtors-in-Possession & Counsel

we support management and legal teams with valuation insight, compliant marketing, and professionally run auctions—including §363 “free and clear” sales.

Secured Creditors & Special Assets Departments

Banks, equipment lenders, and workout groups rely on us for collateral assessment, preservation, and high-visibility auctions designed to achieve strong market results.

Bankruptcy & Creditor-Rights Law Firms

Attorneys choose Worley because we understand court timelines, local rules, and the full motion-to-sale process—and we don’t create extra work along the way.

Our Bankruptcy Auction Services

Case Review & Asset Strategy

We begin by understanding the case—not just the assets.

• Review of schedules, appraisals, secured claims, and collateral condition
• Guidance on abandonment, orderly liquidation, or §363 sale options
• Auction format recommendations (online, onsite, or hybrid)

Valuation & Retention Support

Everything we provide is designed to stand up in court.

• Market-based valuation and sale justification
• Bonding, disclosures, and conflict statements for §327 employment
• Clear fee and expense structures suitable for court approval

Inventory, Security & Asset Preservation

We treat estate property like it matters—because it does.

• Detailed inventory, photography, and condition reporting
• Secure lock-out, tagging, and chain-of-custody controls
• Coordination with landlords, lenders, and other stakeholders

Court-Compliant Marketing & Notice

Exposure matters—even in distressed sales.

• Marketing plans aligned with Bankruptcy Rule 2002
• Targeted outreach to trade buyers, investors, and industry-specific purchasers
• Sale calendars coordinated with objection deadlines and hearings

Auction Execution & §363 Sale Management

We manage the process so trustees and counsel don’t have to.

• Live, online, and simulcast auctions
• Bidder qualification, inspections, and buyer communications
• Oversight of stalking horse bids, overbids, and approval orders
• Transparent sales designed to withstand court scrutiny

Post-Sale Accounting & Reporting

Clean books matter.

• Comprehensive sale reports and reconciliations
• Segregated trust accounts for all proceeds
• Documentation suitable for trustee final reports and fee applications