Industrial property liquidated at auction by Redfield Group

Trustees  ·  Receivers  ·  Counsel  ·  Courts

Bankruptcy Auction Services

Maximum recovery through a defensible, court-acceptable process. Led by Mike Fisher, current President of the National Auction Association.

850+
Auctions Completed
40+
States
30–60
Days to Sale, Typically
$10.25M
Federal Receivership Sale
Mike Fisher, President of Redfield Group Auctions and President of the National Auction Association

Who Handles Your Case

Mike Fisher

President, Redfield Group Auctions

Current President of the National Auction Association

Before he ever sold an asset at auction, Mike Fisher built and sold an industrial company. He has been on the owner’s side of a plant, a fleet and a payroll, so he knows what the assets in your case are, what they are worth and who will buy them.

78th President, National Auction Association. The second auction professional from Alabama to hold the office.
Chairman, Alabama State Board of Auctioneers
Past President and Hall of Fame member, Alabama Auctioneers Association
NAA Volunteer of the Year
CAI, AARE, AMM, GPPA, CES, BAS

1986

Founded Fisher Industrial Service

Started in Glencoe, Alabama and grew to 130+ employees. Named three times to the Inc. 500 list of fastest-growing private companies.

1990s

Sold the company, entered the auction profession

Took an operator’s knowledge of industrial assets into the business of selling them.

2001

Co-founded Redfield Group Auctions

850+ auctions since, in 40+ states and internationally: real estate, businesses, machinery, inventories and specialized property.

2026

President of the National Auction Association

Installed as the 78th President of the NAA, elected by the profession to lead it.

Why Trustees Choose Auction

In bankruptcy, how it is sold matters as much as what it brings.

When a case involves assets, the priority is clear: maximize recovery while ensuring a defensible, court-acceptable process. A properly conducted auction does both, and it leaves a defensible record of value behind it.

Competitive Bidding

Buyers bid against each other in the open, which is what drives price.

Fixed Timelines

A sale date on the calendar, for faster case resolution.

Transparency

An open process and documented results, built for court approval.

Broad Exposure

National and regional marketing that reaches well beyond local buyers.

The Standard

Commercially Reasonable Sales

Bankruptcy courts require a sale to be commercially reasonable. Our process is built to show that it was, with the paper to prove it.

Public exposure

The assets are advertised to the market, not shopped quietly to a few buyers.

Competitive bidding

Every qualified buyer can bid, and every bid is recorded.

Documented marketing

A record of where, when and to whom the sale was marketed.

Transparent results

Detailed reporting for court approval and the trustee’s records.

$10,250,000
Mountain resort sold for a receivership appointed by the Federal Courts
$2,300,000
All remaining units sold for a federally appointed receiver

Assets We Liquidate in Bankruptcy

Commercial and residential real estate
Business assets and inventory
Equipment and machinery
Vehicles and titled assets
FF&E and retail assets

Why Redfield Group Auctions

Auctions conducted in 40+ states and internationally
A national buyer network
Experience with complex asset cases
A proven ability to meet court expectations
USPAP compliant appraisals from the same firm

Our Process

1

Asset Review & Strategy

We evaluate the assets and determine the best method of sale.

2

Valuation Support

USPAP compliant appraisals and market analysis when needed.

3

Aggressive Marketing

National, regional and targeted outreach to qualified buyers.

4

Transparent Auction

Open, competitive bidding with full documentation.

5

Reporting & Compliance

Detailed reporting for court approval and trustee records.

Frequently Asked Questions

How quickly can assets be sold?

Most auctions are completed within 30 to 60 days.

Do trustees need court approval before auction?

Yes. We assist with the documentation and the process.

Can you value the assets before they are sold?

Yes. Our GPPA-designated appraisers prepare USPAP compliant appraisals and verify assets on site. See appraisals and asset verification.

Work With a Trusted Bankruptcy Auction Partner

Tell Us About the Case

The assets, where they are and the timeline the court has set. We’ll come back with a plan.

Redfield Group Auctions  |  Mike Fisher, AL Lic. #1911  |  1044 Sutton Bridge Road, Rainbow City, AL 35906