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{ "item_title" : "The Debt Auction", "item_author" : [" Grant Lockwood "], "item_description" : "A debt can survive for decades.What matters is who finds it-and why.Federal asset recovery specialist Miles Harran notices a routine transfer buried in the intake queue: a thirty-four-year-old debt instrument pulled from a closed seizure file and transferred to a private company. The paperwork is valid. The amount is small. The woman named on the debt, Nora Becht, is a federal contracting officer scheduled to testify in a procurement investigation.Then Miles finds more.Dormant loans. Personal guarantees. Co-signor obligations. All legally valid. All drawn from forgotten federal records. And all transferred to private buyers who appear to have little interest in collecting the money.The people attached to those debts have something else in common: careers inside procurement, contracting, appropriations, and government oversight.Someone has discovered that an old obligation does not need to be collected to have value.It only needs to exist.Following a trail through receivership archives, shell companies, attorneys, and decades-old administrative gaps, Miles begins reconstructing an operation built almost entirely from lawful transactions. Every document is real. Every transfer has an explanation. And the closer he gets to the purpose behind them, the harder it becomes to identify the point where legitimate paperwork becomes leverage.Because the most dangerous part of the scheme may be the reason no one stopped it sooner: Almost everything about it is legal.The Debt Auction is Book Five in the Confiscated Assets series, a procedural thriller series about the records that survive long after a case is supposed to be closed.BACK COVER BLURBThe debt is thirty-four years old.The transfer happened this morning.Federal asset recovery specialist Miles Harran finds a dormant obligation buried inside a closed seizure file. The amount is insignificant. The paperwork is valid.But the woman whose name is on it is scheduled to testify in a federal procurement investigation.Then Miles finds twelve more.Old loans. Forgotten guarantees. Co-signed debts pulled from government archives and transferred to private buyers who do not seem interested in repayment.They are interested in the people who owe them.Miles follows the paper through shell companies, receivership records, and a legal clearinghouse built around obligations no one remembered existed.Every document checks out.Every transfer can be explained.And someone has discovered that a debt does not have to be collected to become valuable.It only has to be held.", "item_img_path" : "https://covers2.booksamillion.com/covers/bam/9/79/819/190/9798191900049_b.jpg", "price_data" : { "retail_price" : "9.99", "online_price" : "9.99", "our_price" : "9.99", "club_price" : "9.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }
The Debt Auction|Grant Lockwood

The Debt Auction

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Overview

A debt can survive for decades.

What matters is who finds it-and why.

Federal asset recovery specialist Miles Harran notices a routine transfer buried in the intake queue: a thirty-four-year-old debt instrument pulled from a closed seizure file and transferred to a private company. The paperwork is valid. The amount is small. The woman named on the debt, Nora Becht, is a federal contracting officer scheduled to testify in a procurement investigation.

Then Miles finds more.

Dormant loans. Personal guarantees. Co-signor obligations. All legally valid. All drawn from forgotten federal records. And all transferred to private buyers who appear to have little interest in collecting the money.

The people attached to those debts have something else in common: careers inside procurement, contracting, appropriations, and government oversight.

Someone has discovered that an old obligation does not need to be collected to have value.

It only needs to exist.

Following a trail through receivership archives, shell companies, attorneys, and decades-old administrative gaps, Miles begins reconstructing an operation built almost entirely from lawful transactions. Every document is real. Every transfer has an explanation. And the closer he gets to the purpose behind them, the harder it becomes to identify the point where legitimate paperwork becomes leverage.

Because the most dangerous part of the scheme may be the reason no one stopped it sooner:

Almost everything about it is legal.

The Debt Auction is Book Five in the Confiscated Assets series, a procedural thriller series about the records that survive long after a case is supposed to be closed.

BACK COVER BLURB

The debt is thirty-four years old.

The transfer happened this morning.

Federal asset recovery specialist Miles Harran finds a dormant obligation buried inside a closed seizure file. The amount is insignificant. The paperwork is valid.

But the woman whose name is on it is scheduled to testify in a federal procurement investigation.

Then Miles finds twelve more.

Old loans. Forgotten guarantees. Co-signed debts pulled from government archives and transferred to private buyers who do not seem interested in repayment.

They are interested in the people who owe them.

Miles follows the paper through shell companies, receivership records, and a legal clearinghouse built around obligations no one remembered existed.

Every document checks out.

Every transfer can be explained.

And someone has discovered that a debt does not have to be collected to become valuable.

It only has to be held.

This item is Non-Returnable

Details

  • ISBN-13: 9798191900049
  • ISBN-10: 9798191900049
  • Publisher: Independently Published
  • Publish Date: August 2026
  • Dimensions: 9 x 6 x 0.28 inches
  • Shipping Weight: 0.32 pounds
  • Page Count: 112

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