Divorce Settlement

Problem: The assets from a large farm in Bowie County, Texas were being disputed by parties going through a highly contested divorce. Both parties were deeply distrustful of the other and little progress was being made by the lawyers to settling the estate.

Solution: Nutt Auction was called and it was decided that a public auction would provide the most transparent results and provide the fair market value of all the equipment being sold. The liquidation contract was approved by both attorneys and a public auction was scheduled.

Result: The auction prices were impressive. One bidder even reported a used Case tractor being sold for more than the cost of a new one. Just as important as the selling prices was the net result of the sale. All the assets were sold in a public forum so neither party could claim the process was unfair.



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Burt Clem, Broker #530921
(903) 791-1088
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