By Gia Vang

JUNCTION CITY, Ore. -- Troubled RV maker Country Coach must sell it all.

The announcement comes after a federal bankruptcy court ruling.  The court ordered Country Coach to auction off all of its assets to help pay for the pending debts.

The RV maker is gearing up to auction off all debtor-owned equipment, inventory and furnishings at its Junction City location.

Commercial Industries Auctioneers will administer the public auction.  They'll get five percent for the sale of completed RVs and 12.5 percent for all other sales.

Area residents said this news means the company is packing up for good.

"I would think when they sell out their machinery that makes a product, that would be pretty much closing the door on that," Eugene resident Bobby Luettich said.

Junction City resident Jose Aguila said, "I think it's really too bad that they had to do that because people lost a lot of jobs and it really sucks for them, but you gotta do what you gotta do I guess."

Country Coach filed for Chapter 11 bankrupcy back in February.

The auction is set for February 4.  Court documents said it'll be a three-day process.  It also states those interested can inspect items for sale the day before.