What ends up happening when the winning bidder at an auction cannot pay or does not pay?
In: Other
As long as a contract has not been signed prior to pay(very unlikely) then the person doesn’t pay and the item goes back up for action at a new date. The person now with a damaged reputation with the action site/facility is banned/suspended. Obviously each private establishment has its own rules. There is some grounds for the establishment to sue based on a verbal contract but any good lawyer could swat that case.
Basically if you no pay, you no come back.
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