This is a public record generated listing.
Payment Receiving Rights for Sale
Listing Information
Attachments
Payment Receiving Rights for Sale
Price: $12,000.00
Other Item Info
Item #: wvsbke_107628
Created: 12/28/2017
Category: Business Property > Financial > Other
Sale Date: None Set
Created: 12/28/2017
Category: Business Property > Financial > Other
Sale Date: None Set
Seller Info
Robert Johns
Trustee's Attorney
P. O. Box 553
Charleston, WV 25301
(304) 720-2300
Trustee's Attorney
P. O. Box 553
Charleston, WV 25301
(304) 720-2300
Bankruptcy Info
Case #: 2:12-bk-20431
Case Title: Forest Coal Company
Court: West Virginia Southern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Forest Coal Company
Court: West Virginia Southern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of payment receiving rights from Carroll Electric Cooperative, Inc. Subject to Article VIII, Section 2 of the Carroll Electric Code of Regulations, Carroll Electric Cooperative, Inc. owes the estate, as successor in interest to Mountain Spring Coal Company, the total sum of 572,449.18 to be paid in ten varying annual payments to be made for years 2021 to 2030.
Financial Overview
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Additional Details
Minimum bid: $12,500.00
Bid Deadline: 21 days from the date of service
Last date to respond: 21 days from the date of service
Date of service: December 26, 2017