This is a public record generated listing.
Promissory Note for Sale
Listing Information
Attachments
Promissory Note for Sale
Price: $252,847.06
Other Item Info
Item #: txebke_176677
Created: 04/03/2019
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Created: 04/03/2019
Category: Business Property > Financial > Secured Notes
Sale Date: None Set
Seller Info
Bill F. Payne
Trustee's Attorney
12770 Coit Road, Suite 541
Dallas, TX 75251
972-628-4901
Trustee's Attorney
12770 Coit Road, Suite 541
Dallas, TX 75251
972-628-4901
Bankruptcy Info
Description
Sale of Promissory Note in the sum of $425,000.00 (the “Note”) dated December 19, 2017 for sale of business. Under the terms of the Note, no interest or principal is required to be paid for the first two years (the “No Payment Period”) following the date of the Note; however, interest will accrue during the No Payment Period with equal monthly payments of principal and interest due over the next seven years following the No Payment Period. As of April 30, 2019 the accrued interest will be $34,721.92 for a total of principal and interest of $459,721.92.
Financial Overview
Income and Expenses ($)
months
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Asset and Liability Summary ($)
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Real Estate:
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Additional Details
Last date to respond: 21 days from the date of service
Date of Service: April 1, 2019