Texas Northern Bankruptcy Court

(4 pgs) Notice of intent to abandon real property assets filed by Trustee Diane G. Reed. Objections due by 9/28/2020. (Elmquist, David)

(2 pgs) Trustee's report of sale (Reed, Diane)

(1 pg) Trustee's interim report for the period ending: 6/30/20. Projected date of filing final report: 12/31/20 The trustee is holding $39.16 in this case from the turnover of non-exempt bank account funds. The debtor filed this Chapter 7 case on September 26, 2019 (the "Petition Date"). The meeting of creditors was commenced and concluded on November 5, 2019. The deadline for filing claims (other than claims of governmental authorities) was February 4, 2020. The debtor was in the residential construction business which ceased operations prior to the Petition Date. As of the Petition Date, the debtor owned ten (10) unimproved residential lots in one subdivision in Kaufman, TX, which it scheduled as having a total value of $116,500 (the Lots). The Lots are subject to sizeable ad valorem tax liens of Kaufman County, and liens for abatement of the City of Kaufman. The trustee intends to sell these Lots and has retained a real estate agent to assist in the sale process. On June 1, 2020, the trustee filed a motion to sell three (3) of the Lots for the sum of $25,000. There was no objection to the trustee's motion and an order was entered granting the motion on July 7, 2020. The debtor also scheduled a possible cause of action against Steve Arnold, the debtors former vice-president, for theft of business assets totaling approximately $250,000. The trustees counsel is investigating these claims. (Reed, Diane)

(1 pg) Trustee's interim report for the period ending: 7/17/20. Projected date of filing final report: 12/31/20 The trustee is holding $39.16 in this case from the turnover of non-exempt bank account funds. The debtor filed this Chapter 7 case on September 26, 2019 (the "Petition Date"). The meeting of creditors was commenced and concluded on November 5, 2019. The deadline for filing claims (other than claims of governmental authorities) was February 4, 2020. The debtor was in the residential construction business which ceased operations prior to the Petition Date. As of the Petition Date, the debtor owned ten (10) unimproved residential lots in one subdivision in Kaufman, TX, which it scheduled as having a total value of $116,500 (the Lots). The Lots are subject to sizeable ad valorem tax liens of Kaufman County, and liens for abatement of the City of Kaufman. The trustee intends to sell these Lots and has retained a real estate agent to assist in the sale process. On June 1, 2020, the trustee filed a motion to sell three (3) of the Lots for the sum of $25,000. There was no objection to the trustee's motion and an order was entered granting the motion on July 7, 2020. The debtor also scheduled a possible cause of action against Steve Arnold, the debtors former vice-president, for theft of business assets totaling approximately $250,000. The trustees counsel is investigating these claims. (Reed, Diane)

(4 pgs) Order granting motion to sell property of the estate free and clear of liens, claims and encumbrances (related document # 26) Entered on 7/7/2020. (Blanco, J.)

(1 pg) Certificate of No Objection filed by Trustee Diane G. Reed (RE: related document(s) 26 Motion to sell property free and clear of liens under Section 363(f) Fee amount $181,). (Elmquist, David)

Receipt of filing fee for Motion to Sell(19-33181-sgj7) [motion,msell] ( 181.00). Receipt number 27804401, amount $ 181.00 (re: Doc# 26). (U.S. Treasury)

(28 pgs) Motion to sell property free and clear of liens under Section 363(f) Fee amount $181, Filed by Trustee Diane G. Reed Objections due by 6/22/2020. (Elmquist, David)

(3 pgs) BNC certificate of mailing - PDF document. (RE: related document(s) 24 Order granting application to employ David Spearman as Realtor (related document 21) (Attachments: # 1 Exhibit A) Entered on 1/22/2020. (Blanco, J.)) No. of Notices: 1. Notice Date 01/24/2020. (Admin.)

(3 pgs; 2 docs) Order granting application to employ David Spearman as Realtor (related document # 21) (Attachments: # 1 Exhibit A) Entered on 1/22/2020. (Blanco, J.)