Listing is Active Effective 12/20/2017

10076 Orchard Street and
18562 Valley Blvd., Bloomington, CA 92316

Sale of bankruptcy estate’s interest in real property located at 10076 Orchard Street and 18562 Valley Blvd., Bloomington, CA  92316

Trustee

Larry Simmons

Method of Sale

Offer Subject to Overbid

Auction

Sale Description

The Trustee proposes to sell the estate’s interest in the properties to the proposed Buyer free and clear of all liens, claims, interests and encumbrances pursuant to section 363(b), (f), and (m) of the United States Bankruptcy Code for a purchase price of $655,000.  Buyer has made a good faith deposit of $19,600.  Potential purchasers seeking to submit an overbid must submit offers to counsel to the Trustee no later than 5:00 p.m. (Pacific Time) on January 8, 2018, pursuant to the Sale procedures described in the Motion.  Initial overbid is $665,000, subsequent overbid increments $5,000.  To be qualified overbidders, potential overbidders must submit to the Trustee a deposit amount of $19,600 and proof of financial ability to close.

Hearing Information

January 10, 2018 at 11:00 a.m. before the
Honorable Mark D. Houle
Courtroom 303
3420 Twelfth Street
Riverside, CA  92501

Contact Information

Larry Simmons, Chapter 7 Trustee, and Michael W. Davis and David Seror

Larry Simons, Chapter 7 Trustee
7121 Magnolia Avenue
Riverside, California 92504
Phone:  951-686-6300
Email:  larry@lsimonslaw.com

David Seror and Michael W. Davis
Brutzkus Gubner
21650 Oxnard Street, Suite 500
Woodland Hills, CA  91367
Phone:  818-827-9000
Fax:  818-827-9090
Email:  mdavis@bg.law
Email:  dseror@bg.law

 

Case Details

Case Name:  In re MEE SOON KIM

Case Number:  6:16-bk-20927-MH