This is a public record generated listing.
Promissory Note for Sale
Listing Information
Attachments
Promissory Note for Sale
Price: $50,000.00
Other Item Info
Item #: vaebke_608853
Created: 06/08/2016
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Created: 06/08/2016
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Seller Info
Craig Benson Young
Trustee's Attorney
1101 Connecticut Avenue, NW Suite 1000
Washington, DC 20036
202-828-2328
Trustee's Attorney
1101 Connecticut Avenue, NW Suite 1000
Washington, DC 20036
202-828-2328
Bankruptcy Info
Case #: 1:14-bk-10053
Case Title: Innovative Logistics Techniques, Inc.
Court: Virginia Eastern Bankruptcy Court
Chapter: 7
View Case Docket
Case Title: Innovative Logistics Techniques, Inc.
Court: Virginia Eastern Bankruptcy Court
Chapter: 7
View Case Docket
Description
Sale of a Confessed Judgment Promissory Note in the amount of $900,000.00 (the “Danielczyk Note”) payable to the order of the Trustee. The Danielczyk Note is payable in minimum annual installments of $10,000 over a period of ten years, with a balloon payment due on May 30, 2025.
Financial Overview
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