Direct Auctions USA
24hwritten offer

BANKRUPTCY AND CLOSEOUTS

Bankruptcy, store closing and business liquidation

BankruptcyCloseouts, shelf pulls, discontinued SKUs, seasonal leftovers, cancelled orders.

Years

Written offer

Potential buyers

Live auctions a month

WHAT WE TAKE

Store and chain closings

Chapter 7 and Chapter 11 estates

Receiverships and court orders

Lender and enforcement recoveries

HOW IT WORKS FOR THIS CATEGORY

YOU SEND

  1. 1

    Share your list

    manifest, photos, location

  2. 2

    Written offer within 24 hours

WE MOVE

  1. 3

    Crews pack and remove

    from one pallet to 155 trailers

  2. 4

    Cash buyout, auction, or hybrid

YOU GET PAID

  1. 5

    Payment in days on a buyout

    auction sale report within 10 days, payment within 7 days after

BY THE NUMBERS

Industry context

U.S. store closures in 2025

up about 12 percent from 7,325 in 2024

commercial Chapter 11 filings in 2025

commercial bankruptcy filings in 2025

up 5 percent

Source: Coresight Research via SunStar/CoStar reporting (closures); Epiq AACER and ABI (filings, January 2026).

YOUR OPTIONS

A

Cash buyout

  • one written price
  • we take title and remove everything
  • paid in days
  • no listing or marketing work for you
Best when: space, speed and certainty matter most.
B

Auction consignment

  • we photograph, catalog and market to our buyer base
  • 5 to 8 live auctions every month
  • 30 percent commission of gross sales (excluding taxes and buyer's premium)
  • detailed sale report within 10 days, payment within 7 days after
Best when: you want market price and can wait a few weeks.
C

Hybrid

  • buyout on the bulk, auction on high-value lots
  • one contract
  • one pickup
Best when: a load mixes commodity goods with standout items.

WHAT TO SEND US

Asset list or manifest

Photos

phone photos are fine

Location and dock access

Your timeline

Any brand or channel restrictions

Contact for site access

Do you work with trustees and receivers?

Yes, with full reporting.

Can you buy the whole estate?

Buyout, auction or hybrid.

Do you provide sale reports?

Detailed report within 10 days of an auction.

Can you move fast on a closing date?

Crews of 75+ have cleared large sites.

Closing and bankruptcy questions