Sale of Bankruptcy Estate’s interest in real property consisting of a single family residence located at 1020 E. Providencia Avenue, Burbank, CA 91501 Active
Estate's interest in real property consisting of a Single Family Residence located at 4 Emerald Bay, Laguna Beach, California 92651 Active
Sale of Bankruptcy estate's interest in real property: 14607 Erwin Street, Unit 205, Van Nuys, California 91411 Active
The Trustee proposes to sell the estate’s interest in the property to the proposed Buyer on an “as-is,” “where-is” and “with-all-faults” basis without any warranties, expressed or implied, and without any contingencies, without any representations or warranties by the Trustee regarding the condition of the Property, with a finding that Buyer is a good faith buyer per §363(m), free and clear of all liens, claims, interests and encumbrances, with such liens, interests, claims, and encumbrances to attach to the Sale proceeds, net of expenses of sale, with the same priority and rights of enforcement as previously existed pursuant to sections 363(b), (f), and (m) of the United States Bankruptcy Code for a purchase price of $305,000. Potential purchasers seeking to submit an overbid must so inform Trustee and counsel at least 2 days prior to hearing. A deposit in form of a cashier’s check payable to “David Seror, Ch. 7 Trustee” for $15,000 must be delivered to trustee’s counsel at or before hearing. Initial overbid shall be at least $10,000.00 (i.e. $315,000), with subsequent overbids in minimum increments of $5,000.00. Detailed procedure to be found in the Notice and Motion on file with the Court.
See Sale Motion filed on 3/13/19 for details.
Real Property Commonly Known as 2374 Grandeur Avenue, Altadena, CA, Free and Clear of Liens and Claims Active
See Motion for Terms and Conditions of Sale.
The Trustee proposes to sell the estate’s interest in the property to the proposed Buyer pursuant to 11 U.S.C. § 363(b) for a purchase price of $1,115,000.00. Potential purchasers seeking to submit an overbid must submit offers to counsel to the Trustee prior to the hearing on the Motion, pursuant to the Sale procedures described in the Motion. Initial overbid is $1,120,000, subsequent overbid increments $5,000. To be qualified overbidders, potential overbidders must submit to the Trustee a deposit amount of $35,000.00 and proof of ability to close no later than March 14, 2019.
On behalf of bankruptcy trustees and other professionals involved in the sale of market assets we invite you to peruse the information about the current items up for bankruptcy sale. We welcome you to list any additional items by filing out the form below. This service is being offered to all clients, trustees, creditor committees and others involved in bankruptcy sales as DGDK is pleased to host this service for those looking to purchase market assets in California.