This is a public record generated listing.

Promissory Note for Sale

Please note that this listing has expired. To view active listings, please subscribe to one of our plans.
Add to Dashboard

Listing Information

Attachments

Promissory Note for Sale



Minimum Price: $38,000.00


Other Item Info
Item #: canbke_438792
Created: 08/08/2015
Category: Business Property > Financial > Secured Notes
Sale Date: Mon. Aug 24, 2015
Seller Info
Gregg S. Kleiner
Trustee's Attorney
1 Market Plaza Spear Tower 24th Fl.
San Francisco, CA 94105
(415)267-4000
Bankruptcy Info
Case #: 4:11-bk-41892
Court: California Northern Bankruptcy Court
Chapter: 7
View Case Docket

See More Documents

Description

Sale of Promissory Note executed by the Nikita Corporation in the original principal amount of $216,000, plus interest. According to the amortization table for the Note that the Debtors provided to the Trustee, as of January 1, 2015, the Note had an outstanding principal balance of approximately $123,935. The Note calls for, among other things, the borrower to deliver monthly payments of ยง2,620.68. The Trustee is informed that the Note is secured by shares of the Nikita Corporation, pursuant to a Stock Pledge Agreement dated September 26,2006.


Additional Details

  1. Auction Time - 10:00 am
  2. Bid Amount - of at least $41,000
  3. Further overbids will be in increments of not less than $500
  4. Bid Deposit - $4,000
  5. Bid Deadline - August 19, 2015

Last date to respond - 21 days from the date of service
Date of Service - August 04, 2015



Other Information

Terms and Conditions:

See attached.


Subscribe to our free newsletters

* indicates required
Send me information about...
Choose the CaseFolder where you want to see this Deal, or create a new CaseFolder Lite.