Using an Online Auction to Sell Article 9 Collateral

Korybut, Michael

Abstract

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Using an Online Auction to Sell Article 9 Collateral

Michael Korybut

Saint Louis University - School of Law

2007

Consumer Finance Law Quarterly Report, Vol. 61, pp. 792-803, 2007

Abstract:
This short article discusses selected issues under Article 9 of the Uniform Commercial Code with respect to a secured party using an online auction like eBay to sell repossessed collateral. In particular, the article analyzes certain potential limitations imposed by Article 9's commercial reasonableness standard and its notice of sale requirement.

Number of Pages in PDF File: 12

Keywords: internet, ebay, auction, collateral, creditor, commercial reasonableness

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Date posted: February 11, 2009

Suggested Citation

Korybut, Michael, Using an Online Auction to Sell Article 9 Collateral (2007). Consumer Finance Law Quarterly Report, Vol. 61, pp. 792-803, 2007. Available at SSRN: http://ssrn.com/abstract=1340652

Contact Information

Michael Korybut (Contact Author)

Saint Louis University - School of Law ( email )

3700 Lindell Blvd
St. Louis, MO 63108
United States