Park Village Auctions (PVA) is helping South African buyers better understand how insolvent estate property sales work and where genuine opportunities may exist. According to PVA’s Roy Lazarus, “insolvent estate” simply refers to a formal legal process in which assets are realised to settle creditors’ claims when liabilities exceed assets. “An insolvent estate is not a […]

Park Village Auctions (PVA) has announced a major national simulcast auction of trucks, trailers, and earthmoving equipment. The sale will take place on Thursday, 23 July. It will bring a collection of commercial vehicles and heavy machinery to the market. Buyers can participate online or in person at various national depots. The assets stem from […]

Park Village Auctions (PVA) has announced a major timed online auction featuring home furnishings, a board-based cabinetry manufacturing plant, and machinery. The assets stem from the liquidation of Dwinchi Furnishings (Pty) Ltd, geared for mainstream commercial retail or contract supply. Director Clive Lazarus says that sale offers established furniture manufacturers or those looking to scale […]