This privacy statement applies to all information collected by or supplied to http://www.tarbid.com.
Tranzon Auction Resolutions conducts live and online auctions and liquidations of personal property, business assets and real property. To participate in any form of these transactions, you must be 18 years of age and agree to the Terms of Sale in which you are participating.
Tranzon Auction Resolutions collects contact information to sign you up as a Bidder. That information is provided to us through Maxanet, a 3rd party online bidding systems. Tranzon Auction Resolutions also uses the 3rd party email services of Vertical Response to collect and store customer mailing information.
Tranzon Auction Resolutions needs the following information for every Bidder using one of these systems in order to bid:
* Home Phone Number
* Work Phone Number
* Affirmation that you are over the age of 21
* Credit Card Billing Address
* And, in order to bid, Credit Card Information
* We also collect and maintain a history of your bid and purchase activity to better customize your experience on our site and to notify you of future opportunities which match your interests
All information provided to us is used only by Tranzon Auction Resolutions for sale notification purposes or transaction management, which may include passing credit card information to a credit card transaction entity or bank as necessary to validate your card or process your purchases as a winning bidder.
We may also use your contact information to reach you regarding your transaction and/or to notify you about upcoming auctions. You may opt out of future auction notifications.
Each of the systems used to collect your information uses industry standard security systems to transact and maintain your data, including the use of SSL (secure socket layer), firewalls, data encryption, user ID and passwords, hosting of networks at physically secure and network-secure facilities. Even with these extensive efforts, however, we cannot guarantee that your contact information will not be intercepted by a third party's illegal efforts.
We also have a set of corporate policies and procedures enacted to protect your information off-line. All of our users' information is restricted in our offices. Only employees who need the information to perform a specific job (for example, finance or a help desk representative) are granted access to personally identifiable information.
The Federal Deposit Insurance Act (12 U.S.C. ¤¤1819, 1821, and 1823), 5 C.F.R. Part 3201, 12 C.F.R. Parts 340 and 366, and Executive Order 9397 authorize the collection of this information. The FDIC will use the information to assist in the determination of whether a Prospective Purchaser is eligible to purchase assets under the laws, regulations and policies pertaining to the FDIC. The FDIC may disclose this information: 1) to other federal, state or local agencies and to contractors to assist in the marketing or sale of assets; 2) to appropriate Federal, State or local agency or responsible authority, to the extent that disclosure is necessary and pertinent for investigating or prosecuting a violation of or for enforcing or implementing a statute, rule, regulation or order, when the information indicates a violation or potential violation of law, whether civil, criminal or regulatory in nature, and whether arising by any statute, or by regulation, rule or order issued pursuant thereto; 3) to a court, magistrate, or administrative tribunal in the course of presenting evidence, including disclosure to counsel or witnesses in the course of civil discovery, litigation, or settlement negotiations or in connection with criminal law proceedings, when the FDIC is a party to the proceeding or has a significant interest in the proceeding and the information is determined to be relevant and necessary; 4) to a congressional office in response to a written inquiry made by the congressional office at the request of the individual to whom the record pertains; or 5) in accord with any other routine use appropriate for the FDICÕs Insured Bank Liquidation Records, # 30- 64- 0013. Submitting this information to the FDIC is voluntary. Your failure, however, to submit all of the information requested and to complete the form entirely could result in your inability to bid on or purchase FDIC-held assets.