AuctionAdvisors and HiBid to Auction 29 Late-Model School Buses
AuctionAdvisors and HiBid will hold a second online bankruptcy auction featuring 29 late-model school buses, following a successful initial sale that yielded strong creditor recovery.
AuctionAdvisors, in partnership with HiBid, has announced a second online auction to sell 29 late-model school buses. This follows a successful initial auction where creditors achieved a strong recovery, prompting the additional sale.
The upcoming auction will feature buses from the 2018–2025 model years, including makes such as Blue Bird, Collins/Mid Bus, and Van Con. The specific start date for the auction has not yet been announced, but it will be conducted online.
AuctionAdvisors specializes in the liquidation of assets, often in bankruptcy proceedings. HiBid provides the online platform for these auctions. Such events are crucial for quickly generating liquidity and maximizing asset value for creditors.
Further details regarding the auction and the specific buses available will be released soon. This second sale builds on the positive outcome of the first auction.