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4 Vehicles
Bankruptcy Auction

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Online Bidding

March 18, 2022 at 1:00 pm

March 22, 2022 at 10:30 am


March 18, 2022
from 9:30 am to 3:30 pm

March 21, 2022
from 9:30 am to 3:30 pm

2022-03-22 10:30AM

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Bankruptcy Auction – United States Bankruptcy Court – Eastern District of New York
In Re: Diamond Finance Co., Inc. – Case No. 20-71877-REG


2016: Ford Mustang Eco Premium Convertible
VIN: 1FATP8UH5G5329514
2.3L 4-Cylinder Turbo
123,214 Miles

2015: Mercedes Benz CLA250
2.0L 4-Cylinder. All Wheel Drive
True Mileage Unknown

2003: BMW X5
VIN: 5UXFA53593LV94469
3.0L 6-Cylinder. All Wheel Drive
181,776 Miles

2002: BMW X5
VIN: 5UXFB93532LN79176
4.6L 8-Cylinder. All Wheel Drive
115,966 Miles

Pre-Registration Required to Bid:  You must submit the signed Terms and Conditions of Sale and Online Bidding Form and a deposit ($500 minimum) to be approved for bidding.  Acceptable forms of deposit are cashier’s check, postal money order, and wire transfer (funds must be received at least 24 hours prior to the scheduled end time of the auction or you may not be approved to bid prior to the conclusion of the auction).  The credit card authentication process does not qualify as meeting this requirement.  Your buying power will be 4x the amount of your deposit.  For example, if you send $1,000 you will be approved for up to $4,000 in bidding ($500 Minimum Deposit).  All unspent deposits will be processed for a refund within 72 business hours following the conclusion of the auction.

Inspection: Friday, March 18th, and Monday, March 21st from 9:30 am – 3:30 pm each day.  Facial masks and social distancing will be strictly enforced.

Auction Date: Online Bidding will open Friday, March 18, 2022, at 1:00 pm and scheduled for the first lot to close on Tuesday, March 22, 2022, at 10:30 am.  Visit or download the Maltz Auctions App on the Apple Store or Google Play.

Bidding Process: If a bid is placed with less than one minute remaining, the bidding period will be extended so one minute remains for competing bids to be entered.  If any further bidding occurs, the extension timer will reset to one minute.  Once no further bidding activity occurs, the sale closes when the time runs out.

Asset Location: Office of the Auctioneer, 39 Windsor Place, Central Islip, NY 11722.

Have Questions? Get In Touch

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Marc A. Pergament, Chapter 7 Trustee
Weinberg, Gross & Pergament LLP, Attorneys for the Chapter 7 Trustee
Richard B. Maltz, Auctioneer
David A. Constantino, Auctioneer
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022 Fax (516) 349-0105

These assets are being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction Sale. Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.