Asset Services

Not every asset disposition fits within an abandoned property framework. Businesses close, operations change, secured interests are enforced, and assets need to be valued or sold under specific legal, financial, or operational constraints.

MEGA Auctions provides Asset Services for property owners, lenders, attorneys, and businesses who need structured, well-documented solutions for valuing and disposing of assets - independent of abandoned property statutes.

Our focus is on execution, documentation, and clear, well-managed outcomes.

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When Asset Services Are Used

Asset Services are typically engaged when:

• Assets must be valued or sold under defined authority
• Ownership, security interests, or disposition rights must be documented
• A transparent and commercially reasonable process is required
• Timing, access, or operational constraints affect strategy

These situations commonly arise during:

• Business closures or wind-downs
• Lease terminations or relocations
• Creditor enforcement actions
• Portfolio or asset rationalization

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Appraisals & Valuations

Appraisals play a critical role in asset-related decision-making by establishing value in a way that supports informed choices.

A professional appraisal helps:

• Inform sale, retention, or disposition decisions
• Support statutory, contractual, or fiduciary requirements
• Document good-faith decision-making
• Reduce disputes after disposition

Appraisal services may be engaged:

• As a standalone service
• In advance of liquidation or sale
• When asset value may be questioned later

Explore Appraisals & Valuations

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Liquidation Services

Liquidation services are used when assets must be sold efficiently and responsibly, often under time, access, or operational constraints.

These services commonly support:

• Business wind-downs or closures
• Surplus or redundant equipment
• Inventory liquidation
• Assets remaining after relocation or restructuring

Our approach emphasizes:

• Appropriate marketing for the asset type
• Clear authority to sell
• Transparent handling of proceeds
• Complete documentation throughout the process

Explore Liquidation Services

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UCC-1 Foreclosure Sales

When assets are subject to a perfected security interest, disposition may proceed pursuant to applicable provisions of the Uniform Commercial Code.

UCC foreclosure sales require:

• Coordination with legal counsel
• Proper notice to interested parties
• A commercially reasonable sale process
• Clear documentation of marketing, sale, and proceeds

These services are typically engaged by secured creditors, lenders, or their counsel and are handled on a case-by-case basis.

Explore UCC-1 Foreclosure Sales

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How MEGA Auctions Approaches Asset Services

Across all Asset Services engagements, our approach is consistent:

• Define authority and scope before action
• Select the appropriate disposition pathway
• Execute in a structured and documented manner
• Communicate clearly throughout the process

This discipline helps reduce uncertainty and supports reliable outcomes.

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Asset Services Coverage

Asset services are provided throughout California, Nevada, and Arizona, with regular activity across Greater Los Angeles, Orange County, Inland Empire, San Francisco Bay Area, San Diego County, Sacramento Region, Central Valley, Clark County (Nevada), and Maricopa County (Arizona).

Our distributed team supports time-sensitive matters while maintaining consistent process, sequencing, and documentation.

When To Involve MEGA Auctions

Asset Services are best engaged:

• Early in the decision-making process
• Before assets are moved, sold, or discarded
• When authority or ownership may later be questioned
• When documentation matters as much as recovery

Early involvement preserves flexibility and helps avoid missteps that can limit options later.

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Let’s Talk

If you’re facing an asset valuation or disposition issue and want clarity on options, risks, or next steps, we’re happy to help.