When a loan is secured by assets (e.g., vehicles, equipment), and the debtor defaults, auctioneers play a critical role in realizing value.

Process Overview:

  1. Court grants attachment order
  2. Auctioneer seizes asset
  3. Public notice for 14 days
  4. Auction held; proceeds settle debt

We partner with licensed auctioneers to ensure CBK and Auctioneers Act compliance at every stage.