Listing is Active Effective 10/11/2017

Sale of Debtor’s real property located at 5400 Newcastle Avenue, Unit 62, Encino, California 91316

Trustee

David Seror

Method of Sale

Offer Subject to Overbid

Auction

Sale Description

The Trustee proposes to sell the estate’s interest in the property to the proposed Buyer free and clear of all liens, claims, interests and encumbrances pursuant to sections 363(b), (f), and (m) of the United States Bankruptcy Code for a purchase price of $229,000.00.  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 October 30, 2017 pursuant to the Sale procedures described in the Motion.  Initial overbid is $235,000, subsequent overbid increments $5,000.  To be qualified overbidders, potential overbidders must submit to the Trustee a deposit amount of $6,870.00 by October 30, 2017.

Hearing Information

November 1, 2017 at 11:00 a.m. before the
Honorable Martin Barash
Courtroom 303
21041 Burbank Blvd.
Woodland Hills, CA  91367

Contact Information

Chapter 7 Trustee:
David Seror, Chapter 7 Trustee
Brutzkus Gubner
21650 Oxnard Street, Suite 500
Woodland Hills, CA  91367
(818) 827-9000 – Telephone
(818) 827-9090 –  Fax
dseror@bg.law – Email

Counsel for Trustee:
Jessica L. Bagdanov
Brutzkus Gubner
21650 Oxnard Street, Suite 500
Woodland Hills, CA  91367
(818) 827-9000 – Telephone
(818) 827-9090 –  Fax
jbagdanov@bg.law –  Email

Case Details

Case Name:  In re DAVID LERMAN

Case Number:  1:17-bk-11030-MB