This is a public record generated listing.
Annuity for Sale
Listing Information
Attachments
Annuity for Sale
Minimum Price: $160,529.00
Other Item Info
Item #: mnbke_343995
Created: 07/15/2014
Category: Business Property > Financial > Other
Sale Location: Minneapolis, Minnesota
Sale Date: Wed. Aug 20, 2014
Created: 07/15/2014
Category: Business Property > Financial > Other
Sale Location: Minneapolis, Minnesota
Sale Date: Wed. Aug 20, 2014
Seller Info
Matthew R. Burton
Trustee's Attorney
100 S 5th St Ste 2500
Minneapolis, MN 55402
612-332-1030
Trustee's Attorney
100 S 5th St Ste 2500
Minneapolis, MN 55402
612-332-1030
Bankruptcy Info
Description
Sale of the Annuity in which Seller is a payee of a structured personal injury settlement contract and annuity owned by Conseco Annuity Guarantee Company and issued by Western National Life Insurance Company, Policy No. 247,237. The Annuity currently generates monthly payments of $2,094.05 per month, with a 3% annual increase on future payments. The monthly payments under the Annuity commenced on January 15, 1988. The guaranteed payment period is 30 years. The monthly payments will continue for the lifetime of the Seller, subject to the 30 year guaranteed payment period.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Sale Location
Javascript is required to view this map.
Minneapolis, MN, 55415