Name Legacy Contractors, LLC Bankruptcy Auction 6-1-17
Auctioneer Lawler Auction Company
Type Online-Only Auction
Date(s) 6/1/2017
Bids may be placed at anytime, however auction begins to close June 1, 2017 beginning at 2pm CST.
Preview Date/Time Wednesday, May 31, 2017 from 1pm to 5pm.
Checkout Date/Time Items must be picked up on Friday, June 2, 2017 from 9am to 12pm.
Location 2534 Highway 594
Monroe, LA 71203
Buyer Premium 10% BUYER'S PREMIUM
Description
We have been commissioned by the United States Department of Justice to auction off the assets of the Legacy Contractors, LLC (Pending Court Approval) via an online only auction scheduled to end on Thursday, June 1, 2017 beginning at 2:00 PM CST. This will be an online only auction and the assets are located in Monroe, Louisiana. The assets are located at 2534 Highway 594, Monroe, Louisiana. However the auction will be conducted from our website at www.lawlerauction.com.
This auction is pending U.S. Bankruptcy Court approval. Dates and times may change. All items are sold "as is" without warranties or guarantees of any kind whatsoever. Please carefully inspect all items before placing a bid. The assets are located at 2534 Highway 594, Monroe, Louisiana. There is a 10% Buyer's Premium on all items. We are required to collect sales tax on all purchases, with the exception of motor vehicles.. Buyers may pay with bank wire transfer, cash or by credit card. If a credit card or debit card is used, a 3% surcharge will apply. Cash payments are only accepted at Lawler Auction Compay's Shreveport Office only and must be paid no later than Friday, June 2, 2017 by 10AM . Otherwise the credit card on file will be charged and a 3% surcharge will apply. If you wish to pay by bank wire transfer or by cash at the Shreveport office, please notify us by email or put a note in the "Auctioneer's Notes" section of the bidder account. Otherwise the credit card on file will automatically be charged immediately after the auction is over. We are required by state law to collect sales tax on all purchases with the exception of motor vehicles. The auction will begin to close, starting with Lot # 1 and with each subsequent lot closing about 7 seconds behind the other. In the event that a last minute bid is placed (often referred to as a "sniper bid"), the bidding on that particular lot will be extended for two minutes each time a bid is placed on that lot. If you are bidding on multiple lots, it can get confusing watching every lot so we strongly recommend entering a Maximum bid, where the system will automatically bid on your behalf in increments up to your maximum bid. Other buyers will not be able to see your maximum bid. Buyers may pick up their winning purchases on Friday, June 2, 2017 between 9am and 12pm only. There are only a limited number of items in this auction so we are not going to have staff sitting and waiting on people to pick up their items outside this time window. If a buyer chooses to not pick up at that time, they will have to drive to our Shreveport office and obtain the keys to their winning bids. However all assets must be removed from the property within 10 days.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 10.00 1.00 USD
10.01 - 25.00 2.50 USD
25.01 - 300.00 5.00 USD
300.01 - 500.00 10.00 USD
500.01 - 1,000.00 25.00 USD
1,000.01 - 2,000.00 50.00 USD
2,000.01 - 3,000.00 100.00 USD
3,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 500.00 USD
100,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 10% BUYER'S PREMIUM
Payment Terms
The credit card will be charged after the auction unless the buyer notifies the auction company in advance that they will be paying with a bank wire or cash at Lawler Auction Company's Shreveport office by 10AM on June 2, 2017.
Shipping is the responsibility of the buyer.