Using an Online Auction to Sell Article 9 Collateral

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

12 Pages Posted: 11 Feb 2009  

Michael Korybut

Saint Louis University - School of Law

Date Written: 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.

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

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: https://ssrn.com/abstract=1340652

Michael Korybut (Contact Author)

Saint Louis University - School of Law ( email )

100 N. Tucker Blvd.
St. Louis, MO 63101
United States

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