IT Equipment Liquidation for Bankruptcy or Business Wind Down

The Role ITAD Plays When A Company Goes Bankrupt or the Owner Decides to Wind Down the Business

The liquidation of any business following a bankruptcy or a wind-down is a very challenging time for any organization. Adding to the complexities of dealing with commercial, legal, and staff issues, the correct disposal of IT assets must not be overlooked.

As well as disposing of the IT assets, you are legally responsible for ensuring that all confidential and sensitive data is securely wiped from all devices. Asset disposal can be even more challenging if your company has a deadline for vacating the premises.

Whatever the circumstances are, TechReset has the skills and experience in IT Asset Disposition (ITAD) to liquidate the assets efficiently. Our services that can help during a company liquidation include:

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IT equipment liquidation management services

Our experienced team can help you create a management plan to liquidate the IT assets that can be used as part of your asset management agreement with the courts. We can also provide you with a prompt valuation for the IT equipment. Once instructed, we will manage the entire process for liquidating the IT assets on your behalf.

IT Asset Disposition
IT equipment liquidation

Rapid disposition and IT equipment liquidation

As soon as the go-ahead has been received, TechReset will

  • Promptly decommission and remove all of the IT equipment from your premises.
  • Provide you with a full inventory of all removed items.
  • We will then expedite the delivery of funds for the liquidated assets according to our valuation.
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Data destruction

As part of our guaranteed service, all hard drives and recordable media undergo a complete data wipe in accordance with DoD 5220.22M and NIST standards. This guarantees the safe and secure destruction of all data and information.

Providing documentation

Our professional team will provide asset management documentation and data destruction records that comply with the requirements of legislation and the bankruptcy courts. During the stressful time of a company wind down, you have the peace of mind that your IT assets have been appropriately liquidated, allowing you to focus on handling the organization’s financial and personnel matters.

Data Centre Decommissioning​

Trusted credentials

TechReset is proud to hold many essential ITAD certifications that ensure we deliver the best service possible.

  • R2:2013 (Responsible Recycling) Certified.
  • Blancco Certified Silver Partner - Data Erasure.
  • PRO Status in the Canadian National EPRA program (Electronic Products Recycling Association).
  • ISO 14001:2015 Certified (Environmental Management Systems).
  • ISO 9001:2015 Certified (Quality Management Systems).
  • ISO 45001 Occupational Health & Safety Certified.
  • TechReset follows the Basel Convention protocols.

See how we can solve your bankruptcy or wind-down needs

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