United States Bankruptcy Court Approves The Selling Block for Business Bankruptcy Liquidation

United States Bankruptcy Court Approves The Selling Block for Business Bankruptcy Liquidation

St. Louis, MO (PRWEB) December 26, 2005 -- St. Louis based The Selling Block has been approved by the United States Bankruptcy Court as an authorized vendor for liquidating nonexempt business assets under Chapter 7 bankruptcy law.

When a business files for bankruptcy under the current Chapter 7 law, trustees are required to liquidate the nonexempt assets in order to repay creditors. The Selling Block can provide trustees with a sales channel through eBay that will allow them to receive the highest market value for these assets.

“We are very excited about the new bankruptcy liquidation program being offered through The Selling Block. We have been working with lawyers and court appointed trustees in the St. Louis region to help realize significant increases in value of the assets under liquidation. Best of all, there is no additional effort needed from the trustee. It is truly a win-win situation for everyone,” explained The Selling Block co-founder and President Richard Holton, Jr.

More information about The Selling Block bankruptcy liquidation program can be found on its website by visiting http://www.sellingblock.com.

About The Selling Block

The Selling Block is a full service consignment company catering to individuals, non-profits, and businesses that wish to sell their items and excess inventory at auction in the international eBay marketplace and through traditional upscale consignment in Ladue. Currently, The Selling Block has two convenient locations in Richmond Heights and Ladue. For more information, visit http://www.sellingblock.com or call (314) 783-eBay (3229).

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