Over the past several months I have had the pleasure of working with Mr. Tom Jordan of Carolina Auction & Realty, Inc. out of Raleigh. Mr. Jordan was our primary point person in North Carolina on a Chapter 7 Arizona bankruptcy case. The case, known as “Kenactiv Innovations, Inc.” (Case No. of 2:13-bk-19096-GBN), consisted of 21+ acres of real estate, warehouses, and manufacturing equipment located in Snow Hill, North Carolina. You can imagine the difficulties that we would have encountered trying to handle this case from Arizona. So having a local, trusted professional with bankruptcy experience was critical to the successful outcome of the case.
Tom categorized the assets, gave a professional opinion as to their fair market value, and cataloged the personal property for auction along with the Real Estate. He also brought two well-qualified bidders to the table, which helped bring in $360,000.00 more for the land and buildings than the court was initially expecting.
This was a contentious case from start to finish. Tom’s genial demeanor and professional approach helped smooth a lot of ruffled feathers to resolve the case quickly and efficiently. He was able to work with the different parties and kept everyone informed and on the same page throughout the proceedings. He did a great job for us and I was very pleased with the outcome.
I would highly recommend Tom Jordan of Carolina Auction & Realty anytime you need an experienced and professional Auctioneer, Real Estate Broker or Appraiser. He can be reached at 919-832-8005. Feel free to call or email me if you’d like to further discuss my experience with Tom.
Bill Manera, Bankruptcy Trustee
5110 N. 44th Street
Phoenix, AZ 85018