Payment Stream for Sale

Sale of a payment stream, comprising 65% of a monetary obligation owed to the estate by the Payor. The original principal amount of the obligation from Payor was $40,000 commencing December 2012. The remaining balance of the obligation is approximately $22,700 as of July 31, 2017, of which 65% is owed to the estate. Buyer is only purchasing the right to receive 65%) of the approximately $22,700 payment obligation which is being paid in $500 (i.e., $325 per month on account of the estate's 65% interest) monthly installments at a rate of 7% non-default interest or 12% default interest. The Trustee shall request that the other 35% (approximately $7,945, at a rate of $175 per month) be paid by Payor directly to the other payee.