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Bankruptcy Sales

Real Property

Description

The estate's fifty percent tenant in common interest in real property located at 3905 Addie Ave, Fellows CA 93224, APN 157-250-19-00. The estate's interest ONLY will be sold for the sum of $5,000 to the co-owner of the Property, whose offer the trustee has accepted. The estate's interest ONLY, NOT THE ENTIRE INTEREST IN THE PROPERTY, will be sold on an "as is - where is" basis and not subject to any contingencies.

Method of Sale L8 Offer Subject to Overbid On March 9, 2010 at 11:00 a.m. in Courtroom 1575, US Bankruptcy Court, 255 E. Temple Street, Los Angeles, CA
90012
Sale Description

On March 9, 2010 at 11:00 a.m. in Courtroom 1575, US Bankruptcy Court, 255 E. Temple St., LA CA 90012, Sam Leslie, Ch. 7 Trustee for Debtor David R. Linden, wil accept overbids for purchase of the estate's fifty percent tenant in common interest in real property located at 3905 Addie Ave, Fellows CA 93224, APN 157-250-19-00. The estate's interest ONLY will be sold for the sum of $5,000 to the co-owner of the Property, whose offer the trustee has accepted. The estate's interest ONLY, NOT THE ENTIRE INTEREST IN THE PROPERTY, will be sold on an "as is - where is" basis and not subject to any contingencies. A minimum overbid may be set by the court at the hearing. Any overbids shall offer to purchase the Property on an "as is - where is" basis. At the conclusion of the hearing on the Motion, the Court shall determine the highest and best offer for the Property and the Trustee shall proceed to consummate the sale of the Property in accordance with such offer to the highest bidder. In the event the overbidder does not close, the Trustee may sell the Property to the next highest bidder without further order of the Court. You may request a complete copy of the Motion from Dumas & Associates. counsel for Sam Leslie, Chapter 7 Trustee, at 3435 Wilshire Blvd. Suite 1045, LA CA 90010. More information contact Richard Malatt, counsel for Trustee, at 213-368-5000.

Contact Name Richard Malatt, Esq..
Contact Information Dumas & Associates, counsel for Sam Leslie, Chapter 7 Trustee, at 3435 Wilshire Blvd., Suite 1045, LA CA 90010.
More information contact Richard Malatt, counsel for Trustee, at 213-368-5000.

Case Name

Estate of David R. Linden
Case Number 2:09-11170-SB

20100519

Description

5462 Diaz Street, Irwindale, California

Method of Sale Offer Subject to Overbid Proposed Sale Price $1,000,000 cash. Overbids, must be in an initial increments of $5,000 with all subsequent overbids in increments of $1,000.
Sale Description

Sale Date: March 9, 2010 at 2:00 p.m. Location: 255 E. Temple Street, Courtroom 1675, Los Angeles, CA 90017
Subject to overbid and bankruptcy court approval.  The sale of the property is "AS-IS" and "WHERE-IS" and without representations and warranties, and free and clear of liens.

Contact Name Helen Ryan Frazer, Esq.
Contact Information 12800 Center Court Drive, Suite 300
Cerritos , CA 90703
(562) 653-3200 
Case Name Donald McWhirter and Carolynn McWhirter
Case Number 2:09-bk-39216-BR

20100519

Description

The estate's right, title and interest in a certain parcel of vacant land located at 41677 Brownie Lane, Big Bear Lake, California (APN 0309-163-21) ("Subject Property").

Method of Sale

The sale of the Subject Property will be subject to overbid by posting a $3,250.00 deposit (in the form of a cashier's check or money order) towards the purchase price. The cashier's check or money order shall be made payable to "Jason M. Rund, Chapter 7 Trustee" and remitted to the Trustee's counsel at or prior to the time of hearing on the Sale Motion.

Sale Description

The sale will be on an "as is" and "where is" basis without any representations and/or warranties whatsoever subject to Bankruptcy Court approval and overbid. The sale price of the Subject Property is $65,000.00 cash (the "Sale Price"). The starting overbid for the Subject Property will be $70,000.00 with overbids being made in minimal increments of $500.00.

Hearing Information:

March 3, 2010, at 1:30 p.m.

U.S. Bankruptcy Court, Central District of CA

Los Angeles Division

255 E. Temple Street, Ctrm 1639

Los Angeles, CA 90012

Contact Name

Brad D. Krasnoff, Esq.

Contact Information

(213) 250-1800

Case Name

In re Fernando Ruballos

Case Number

2:07-bk-12115-EC

20100511

Description

Las Vegas Consolidated Resorts Timeshare (Club de Soleil) and Temecula Sundance Meadows Timeshare

Method of Sale Offer Subject to Overbid
Sale Description

All Cash, AS IS No warranties

Contact Name Shelly Panta
Contact Information (310) 277-0077
Case Name Denise Corbett
Case Number 2:09-40805-BR

20100502

Description

real property commonly known as 21307 Grand Hollow Lane, Katy, Texas

Method of Sale

Offer Subject to Overbid

must pre-qualify (contact James J. Joseph for details)

Sale Description

all cash, non-contingent and on the same terms and conditions, other than price, as current offer of $197,500.  Minimum overbid will be $200,000, $1,000 increments thereafter.  Hearing February 23, 2010 at 10:00 a.m., in Courtroom 5B, 411 W. Fourth Street, Santa Ana, California.

Contact Name James J. Joseph, Chapter 7 Trustee 
Contact Information (310) 277-0077 
Case Name Brian T. Nguyen and Cindy Trang Nguyen
Case Number 8:08-18648-TA

20100501

Description

SFR located at 11430 Thurston Circle, Los Angeles, CA 90049

Method of Sale Offer Subject to Overbid
Sale Description

Sale Date: February 16, 2010

Sale Time: 11:00 a.m.

Place: U.S. Bankruptcy Court, 21041 Burbank Blvd., Ctrm. 301, Woodland Hills, CA 91317

Terms and Conditions of Sale: One million dollars ($1,000,000) cash at close of escrow, plus split of closing costs.  Sale commission of 6% to be split between seller and buyer brokers.
 
Proposed Sale Price: $1 million
 
Overbid Procedure: Overbidders must provide to David Seror, Chapter 7 Trustee, $50,000 cashier's check or equivalent prior to hearing as precondition to bidding. Overbids in $10,000 increments.

Contact Name William Friedman, Coldwell Banker 5450 Lincoln Blvd., Los Angeles, CA 90094
Contact Information Tel: 310-305-4207/Fax: 310-836-4720/Email: billfried@earthlink.net
Case Name Edward Williams Cutter, II
Case Number 1:05-bk-14744-KT

20100301

Description

The estate's fifty percent tenant in common interest in real property located at 3905 Addie Ave, Fellows CA 93224, APN 157-250-19-00. The estate’s interest ONLY will be sold for the sum of $5,000 to the co-owner of the Property, whose offer the trustee has accepted. The estate's interest ONLY, NOT THE ENTIRE INTEREST IN THE PROPERTYwill be sold on an "as is - where is" basis and not subject to any ontingencies.

Method of Sale

Offer Subject to OverbidOn January 26, 2010 at 11:00 a.m. in Courtroom 1575, US Bankruptcy Court, 255 E. Temple St., LA CA 90012

Sale Description

The minimum overbid for the Property shall be $2,000 above the present offer and any subsequent overbids shall be at least $2,000 over the preceding offer. A minimum deposit of $2500 shall be made by cashier's check payable to Sam Leslie, Chapter 7 Trustee, and must accompany any overbid offer for the Property and will be non-refundable if the overbid is accepted and the sale does not close within eleven days of the date on which the Order approving the sale of the Property is entered by the Court .The proponent of each overbid must submit, at the time of the overbid, evidence of the financial ability to close escrow within eleven (11) days of submission of the overbid, which evidence, must at a minimum include a demonstration of firm financing commitment from a recognized lender and/or sufficient liquid funds on deposit, all to the satisfaction of the Trustee. All overbids must provide for payment of the entire purchase price.Any overbids shall offer to purchase the Property on an "as is - where is" basis and shall contain no conditions, contingencies or addendum. All due diligence investigations shall be conducted prior to the sale hearing. At the conclusion of the hearing on the Motion, the Court shall determine the highest and best offer for the Property and the Trustee shall proceed to consummate the sale of the Property in accordance with such offer to the highest bidder without further notice to creditors or hearing before the Court. In the event the over-bidder does not close, the Trustee may sell the Property to the next highest bidder without further order of the Court.

Contact Name Richard Malatt, Esq.
Contact Information

Dumas & Associates. counsel for Sam Leslie, Chapter 7 Trustee, at 3435 Wilshire Blvd. Suite 1045, LA CA 90010. More information contact Richard Malatt, counsel for Trustee, at 213-368-5000.

Case Name Estate of David R. Linden
Case Number 2:09-bk-11170-SB

20100228

 

 

Attorney Profiles

Partners
John J. Bingham Jr.
Richard K. Diamond
David A. Gill
Robert A. Hessling
Eric P. Israel
Howard Kollitz
Walter K. Oetzell
Kathy Bazoian Phelps
George E. Schulman
John N. Tedford IV
 

Associates
Enid M. Colson
Aaron E. de Leest
Matthew F. Kennedy
Gilbert G. Mikalian
Uzzi O. Raanan
Steven J. Schwartz
Zev Shechtman

Of Counsel
Julia W. Brand
James J. Joseph

Senior Staff Attorney
Michael C. Abel

Bankruptcy Sales

Our bankruptcy law firm, in a service for our clients and clients of other bankruptcy firms, maintains a database of property available for sale as the result of bankruptcy liquidations. The bankruptcy sales listings are updated weekly for interested investors, individual purchasers, auctioneers, and real estate investors.
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