This is a public record generated listing.
Right to Mortgage Payments for Sale
Listing Information
Attachments
Right to Mortgage Payments for Sale
Minimum Price: $2,456.89
Other Item Info
Item #: miwbke_289828
Created: 01/02/2016
Category: Business Property > Financial > Other
Sale Date: None Set
Created: 01/02/2016
Category: Business Property > Financial > Other
Sale Date: None Set
Seller Info
Thomas C. Richardson
Trustee
P. O. Box 51067
Kalamazoo, MI 49005
(269) 349-7415
Trustee
P. O. Box 51067
Kalamazoo, MI 49005
(269) 349-7415
Bankruptcy Info
Description
Sale of right to receive mortgage payments(“Payment Rights”) from the debtor Jerry Hammond in accordance with the following:
- Settlement Stipulation Between Trustee and Debtors dated June 12, 2012;
- Promissory Note dated May 15, 2014
- Mortgage dated July 17, 2014.
Financial Overview
Income and Expenses ($)
months
Revenue/Gross Income:
Total Expenses:
Cash Flow:
Asset and Liability Summary ($)
Receivables:
Inventory:
FF&E:
Real Estate:
Total Assets:
Liabilities to assume:
Additional Details
- Bid Amount: $2,550
- Bid Increment Amount: $50
- Bid Deposit Amount: $500
- Last Date to Respond - (5) business days before the date set for the hearing