Liquidating agents

If the executor chooses to not use a third party, then he should do the inventory in the presence of a witness who is not a part of the family.The witness can sign off on the inventory and at least lend a small level of credibility to the list.

A knowledgeable liquidation broker fosters buying relationships which allow the small seller access to the lucrative world of reselling excess, obsolete, and consumer returned inventories.

Or they simply are not capable of continuing the business.

Moreover, your business is at least solvent or near-solvent, so bankruptcy is not an option.

When a relative passes away, it is up to the executor of the estate to liquidate the assets, according to the Law City website.

The executor is identified in the will of the deceased or, if there is no will, by the courts.

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Using a liquidation broker to source and secure name brand goods levels the playing field for small resellers who otherwise would struggle when sourcing fast selling, name brand merchandise.

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