Consigned goods are YOUR property, the court cannot sell them off if
you can prove ownership.
It would be easy enough to have in your written consignment
agreement that you retain title to the goods until paid for. There
have been cases of diamond dealers reclaiming their goods when stores
went bankrupt. You’d need a lawyer to pursue it with the Federal
Bankruptcy Court so it wouldn’t pay until a certain dollar figure
value was reached.
But ofcourse that wouldn’t protect you if the gallery just went
south in the middle of the night. But you could pursue a criminal
complaint. Its called conversion. Might be a good idea to get some
personal info on the owner in advance.
One could ante up the fee and get D&B or JBT ratings.