Any condition, any size
Selling a Transformer in a Bankruptcy Liquidation
Units released by this situation bought across Ohio, with the removal and paperwork handled.
What we buy
What we buy here
When bankruptcy liquidation carries an insurance deadline, the salvage decision is usually separate from the repair decision. The usual reason a transformer leaves a site is that the load it was built for is gone, not that the unit failed.
| What happens | A trustee or a receiver sells the equipment to satisfy creditors, and the transformer is one line on a long asset list. |
|---|---|
| Deadline | the court calendar sets the pace, and the sale is usually by sealed offer or auction |
| Paperwork | a court order, a bill of sale from the trustee and a lien search |
| Buying note | Bankruptcy sales are slow at the signature stage and fast at the pickup stage, so plan the truck after the order. |
Who we buy from
Six kinds of seller, one desk
- Recyclers
- Electrical contractors
- Equipment dealers
- End users
- Demo contractors
- Distributors
Fast offers
A nameplate photo is usually enough to price a unit the same day.
Dedicated logistics
We arrange the crane, the permits and the flatbed, not you.
No broker fees
You are dealing with the buyer, so nothing is shaved off the offer.
How it works
Six steps from your yard to the money
- 01
Take pictures
The nameplate, the cabinet interior and the tank in daylight. Three photographs are usually enough to place a unit in the right class and the right price band.
- 02
Send them to us
The form on this page, a text or an email all reach the same desk. Include the city, the access and any deadline the site is working to.
- 03
Review the offer
A buyer reads the photographs, asks one or two questions and sends a written offer with the assumptions stated, so nothing changes on the day.
- 04
We schedule freight
Crane, flatbed and permits are booked around your access. You get a date and a window, and we carry the cost of getting it right.
- 05
Testing on arrival
Winding resistance, megger and turns ratio, plus oil analysis where the unit is liquid filled. The results decide the final number, and you see them.
- 06
Get paid
Payment is released on the agreed terms once the unit is received and tested, by check or ACH. No retention, no sixty-day terms.
What we handle for you
The parts sellers dread, done for you
Rigging
Crane and forklift arranged around your access, not the other way round.
Oil containment
Bunds, absorbent and disposal handled before the unit moves.
Bill of sale
A clean title document for your records, signed on collection.
PCB paperwork
Pre-1979 units get the testing and the manifest they need.
Situation
What bankruptcy liquidation means for a transformer
bankruptcy liquidation cases are handled differently from a routine surplus sale, starting with who has authority to sign. The best outcome is a unit that leaves the site and turns up somewhere useful, and that happens more often than people expect.
A short conversation at the start saves an argument at the gate, and the argument is the expensive part. A unit that has been looked after is obvious within a minute, and so is one that has not.
The paperwork that has to be right
A bill of sale fixes the moment risk transfers, and that moment should be when the unit leaves the pad. A cyclic load leaves a different signature in the oil than a steady one, and the lab report shows it.
A purchase order from a plant takes longer than a check from a receiver, and both are normal. A lease return is where sellers most often discover they do not own the unit, so the paperwork comes first.
How the pickup runs
We do not send a broker with a clipboard. The person on site can confirm the number on the phone. A crane set up on a slope will not lift what its chart says, and the operator will say so before the lift.
A pad that has been used for storage for a decade will need clearing before a crane can set up. A county with a rail siding is easier to work than one without, because rail takes what road cannot.
What to send us first
Common questions
Other situations we handle
Get started
Get an offer in minutes
Five fields and a phone number is all we need to start. We reply the same business day, and a firm number follows the nameplate photo.
(614) 715-3047or send the form and we will call you.
Questions
What sellers ask before they call
Equipment types
Do you buy in a bankruptcy liquidation situation?
A broker has to shop a unit before committing to it; we own the decision, so the number you hear is a number that holds. With bankruptcy liquidation, the first question is not what the unit is worth but who can release it. A transformer with its original documentation is easier to insure, easier to resell and easier to explain.
Service area
Who signs the paperwork in a bankruptcy liquidation?
Site names, addresses and photographs stay in the file, and the file does not leave the desk. A bill of sale should name the unit, the serial, the kVA and the date, because a document that says one transformer is not a document. A buyer who quotes without asking anything has quoted for a different transformer.
Payment
How fast can you move in a bankruptcy liquidation?
The first pass costs nothing and takes ten minutes, because no site visit is needed to reach a working number, only to confirm it. bankruptcy liquidation often means multiple units, and a mixed lot moves faster than a single unit because the truck is already there. An insurance salvage is bought on the adjuster's valuation rather than the seller's hope, which keeps the process honest.