| Name | Quilting Business Bankruptcy Auction |
|---|---|
| Auctioneer | Statewide Auction Company |
| Type | Online-Only Auction |
| Date(s) | 10/8/2020 - 10/19/2020 |
| BIDDING ENDS ON MONDAY, OCTOBER 19TH AT 7:00 PM (MST) | |
| Preview Date/Time | Where possible, bidders are encouraged to inspect all items in person prior to bidding - TO COMPLY WITH COVID-19 SAFE DISTANCING PRACTICES, PREVIEWS ARE AVAILABLE BY APPOINTMENT ONLY (801-521-5600) ON MONDAY, OCTOBER 19TH. All items are located at Statewide Auction Company located at 200 North 1000 West Salt Lake City, UT 84116 (at the Utah State Fair Park). |
| Checkout Date/Time | Payment Due on All Bids Within 1 Business Day (Remote/Online Payment Options Available) PICK-UP ON PAID ITEMS: By Appointment on TUESDAY, 10/20 or WEDNESDAY, 10/21 |
| Location | Statewide Auction Compnay
200 North 1000 West Salt Lake City, UT 84116 |
| Buyer Premium | No Buyer's Premium |
| Description |
This is an Online Only, Court Ordered Bankruptcy Auction of Property to be Sold in Auction Lots to the Highest Bidders with No Minimums, No Reserves & No Buyer's Premiums. The Property is comprised of Quilting Equipment and Materials.
It is important to note that many of the fabric materials, ("Misc. Bolts of Fabric" for example); are being sold in auction lots that may contain varying lengths, patterns and colors. We have not measured or verified total lengths of any fabric.
We have done our best to describe and identify quantities, sizes, damage and other helpful information where possible but make no warranties as to the accuracy of descriptions and disclaim all liability for any errors. ALL SALES ARE FINAL - NO RETURNS.
Where possible, bidders are encouraged to inspect all items in person prior to bidding, HOWEVER TO COMPLY WITH COVID-19 SAFE DISTANCING PRACTICES, PREVIEWS ARE AVAILABLE BY APPOINTMENT ONLY (801-521-5600) ON MONDAY, OCTOBER 19TH. All items are located at at Statewide Auction Company located at 200 North 1000 West Salt Lake City, UT 84116 (at the Utah State Fair Park).
Each lot is to be sold "As-is, Where-is" with No Minimums, No Reserves & No Buyer's Premiums.
**INVOICES ARE TO BE PAID BY TUESDAY, OCTOBER 20TH** **ALL ITEMS ARE TO BE REMOVED BY APPOINTMENT ON TUESDAY OR ON WEDNESDAY, OCTOBER 21ST.**
BUYERS ARE RESPONSIBLE FOR PICK-UP AND/OR PACKING, SHIPPING OR FREIGHT. CONTACT INFO FOR LOCAL PACK, SHIP & FREIGHT COMPANIES MAY BE AVAILABLE UPON REQUEST.
HELPFUL BIDDING TIP: When placing a bid, you may notice that you can either bid the next suggested increment or you can enter a "new max bid". The new max bid field gives you an opportunity to put in a bid for the most amount you'd be willing to go up to - but it will only bid you up automatically by the specified bid increment above the highest current bid or any competing max bids. (This essentially allows you to "set it and forget it" if you cannot or choose not to keep watching the bidding until the completion of the auction).
See Auction Lot Catalog...
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Auction Terms & Conditions 1. Auction. This is an Internet-Only, "Absolute" Auction Sale with no minimums and no reserves on the Property being sold and includes a 10% Buyer's Premium (items sold by Order of the US Bankruptcy Court is 0% Buyer's Premium).
2. Property. Interested parties may obtain additional information about the Property (Auction Lots) by contacting Statewide Auction Company at (801) 521-5600.
3. Condition. The Property shall be sold as is, unrepaired, WITHOUT WARRANTY, EXPRESS OR IMPLIED, as to any matter. Prospective bidders rely solely on their independent investigation in purchasing the Property, including physical inspections. Successful bidders will release Statewide Auction Company from all claims and liabilities regarding the condition of the Property.
4. Firearms. Statewide Auction Company is a licensed FFL Dealer and all firearms transfers will be in strict accordance with all Federal, State and local laws. Be sure to check your state and local laws before bidding. Modern firearms (manufactured post 1898) sales to non-licensed bidders who are picking up guns at our location will require the completion of a background check. The same person to whom the bidder number is registered must be the person to pick up the firearm(s) at the conclusion of the auction. Federal Law disallows anyone else from accepting the transfer. This process to fill out forms and obtain a response may take 5-10 minutes. Any applicable state fees associated with these checks may be added to the buyer's invoice. If you are "Denied" by FBI / NICS background check, you will not be able to take possession of the firearm. Licensed bidders, i.e. Federal Firearms Licensees or Curios & Relics License holders must present a current signed copy of their license. Any firearms shipped are legally required to be shipped to an ATF licensed FFL dealer within your state of residence for transfer and pickup. You will be responsible for all shipping and transfer costs incurred. Upon the completion of payment for the firearm(s), you can contact a licensed dealer to send their FFL info to sales@statewideauctionco.com with reference to your paid invoice. Long Guns/Rifles will only be sold to persons 18 years of age, or older. Handguns will only be sold to those persons 21 years of age, or older. Statewide Auction Company does not test the safety or warrant functionality of any consigned firearms. All firearm purchases should be examined by a certified gunsmith prior to shooting. Statewide Auction Company reserves the right to deny the sale of a firearm to any buyer.
5. Buyer shall indemnify, defend and save harmless Statewide Auction Company, their respective officers and employees, from and against any and all cost, expense, legal action, claims for property damage, personal injury, bodily injury or death, including reasonable attorneys’ fees and the cost of defense, arising or growing out of Buyer’s purchase of Property and its performance of the terms and conditions of this Agreement, whether caused in whole or in part by the error, omission, misconduct and/or negligent acts of Buyer.
6. Disclaimer. Statewide Auction Company has obtained information about the Property from sources that they deem to be reliable, however, they make no warranties as to the accuracy of, including total quantities of units, and disclaim all liability for errors or omissions in, advertisements, brochures or other promotional statements and materials relating to the Auction Sale.
7. Bidding. By placing a bid you are entering into a legally binding and enforceable contract which requires you to complete payment and removal of purchase(s) if you are the highest bidder. Your bid will not be reversed or deleted upon the completion of the bid process. All Sales are Final - No Returns.
8. Payment. The successful bidder will be required to submit full payment to Statewide Auction Company within (1) calendar day following the auction.
9. Removal. It is the buyer's sole responsibility to arrange their own pick-up and/or packing, shipping or freight. Upon request, we may provide you with contact information for Pack, Ship & Freight companies in the area that may be available to provide you with their services. With a Paid Recipt, Buyer's will be allowed to begin the removal of their purchases. Buyer should notify Statewide Auction Company when they intend to remove their purchase(s). If Buyer fails to remove Property by the defined deadline, Seller reserves right to otherwise dispose of remaining Property and accordingly, there will be no refund made available to Buyer.
10. Modification of Terms. In the Statewide Auction Company's sole discretion, Statewide Auction Company may postpone or cancel the Auction Sale; and in Statewide's business judgment, may modify the terms and conditions of the Auction Sale.
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Terms Of Use
Seller User Terms
Bidder User Terms
Seller User Terms
Bidder User Terms
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 45.00 | 5.00 USD |
| 45.01 - 290.00 | 10.00 USD |
| 290.01 - 975.00 | 25.00 USD |
| 975.01 - 1,950.00 | 50.00 USD |
| 1,950.01 - 4,900.00 | 100.00 USD |
| 4,900.01 - 9,750.00 | 250.00 USD |
| 9,750.01 - 100,000.00 | 500.00 USD |
| 100,000.01 - 9,999,999.99 | 1,000.00 USD |
| Currency | USD |
|---|---|
| Buyer Premium | No Buyer's Premium |
| Payment Terms |
Successful Bidders will receive an email invoice after the conclusion of the auction. This invoice will include a confirmation of items won along with the applicable purchase totals and fees. Successful bidder(s) will be required to submit full payment to Statewide Auction Company within (1) calendar day following the auction. Purchases will be subject to Sales Tax (unless purchaser can provide documentation of tax exemption). We accept Cash, Credit/Debit Cards (wIth a 3% processing fee), and Certified funds (Certified funds would be a cashier's check made payable to Statewide Auction Co., for the full amount). Wire Transfers or Checks accompanied with verified Bank Letters may be acceptable but require advanced authorization from Statewide Auction Company.
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It is the buyer's sole responsibility to arrange their own pick-up and/or packing, shipping or freight. Upon request, we may provide you with contact information for Pack, Ship & Freight companies in the area that may be available to provide you with their services. With a Paid Recipt, Buyer's will be allowed to begin the removal of their purchases. Buyer should notify Statewide Auction Company when they intend to remove their purchase(s). If Buyer fails to remove Property by the defined deadline, Seller reserves right to otherwise dispose of remaining Property and accordingly, there will be no refund made available to Buyer.
