US Fidelis Property Auction Begins This Weekend
WENTZVILLE, MO (KMOX)-Some of the property, jewelry, tools and expensive toys accumulated by the former owners of bankrupt auto warranty sales firm US Fidelis go on the auction block beginning this weekend.
Creditors’ Committee Attorney David Warfield tells KMOX that the items going to the highest bidders include, “A number of cars, motorcycles, four-wheel vehicles, go-carts, pinball machines, full gym equipment, just more stuff than you can shake a stick at.”
Warfield says that among the cars is one of only 240 Mustang Saleens produced in 2005, a 1969 Dodge Super Bee that he says there’s evidence Cory Atkinson spent $80,000 restoring and an electric car.
Other items available include gym equipment, an indoor basketball court, 34 flat-screen TV’s, tools, landscaping equipment, woodworking equipment. There’s also jewelry which will be auctioned off April 3.
Warfield says the sales are among the final steps in raising funds to pay creditors of US Fidelis and the Atkinsons. Several homes and other properties have already been sold. Still to be sold is a home in the Cayman Islands and two pieces of undeveloped property: 10 acres near the GM Plant and three acres in Flint Hill.
The auction’s at the former US Fidelis headquarters, at the old Belz Outlet Mall.
It begins at 10 am both this Saturday and Saturday April 2. It will open at 1 pm on April 3.
You can preview the items Friday from 1 to 4 or at : www.usfbankruptcy.com
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