$150,000 Secured Note and Mortgage Bankruptcy Sale

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$150,000 Secured Note and Mortgage Bankruptcy Sale

Promissory Note at 7.25%, 12 Year Amortization

Price: Not Specified

Other Item Info
Item #: ilnbke_1013618
Created: 05/08/2012
Sale Location: Chicago, Illinois
Sale Date: Thu. Jun 28, 2012
Seller Info
Richard Fogel
Trustee's Attorney
321 N. Clark Street, Suite 800
Chicago, IL 60654
312-276-1334
Bankruptcy Info
Case #: 1:10-bk-13281
Case Title: Dolphin Cartage, Inc.
Court: Illinois Northern Bankruptcy Court
Chapter: 7
View Case Docket

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Other Information

Terms and Conditions:

Trustee has accepted a stalking horse bid, subject to court approval, for $134,500 with 3% bid protection.  Interested parties may participate by telephone in auction sale on June 28, 2012 at 10:00 a.m. by submitting an earnest money deposit of $13,600 by close of business on June 27, 2012.  Minimum overbid is $138,535.  Sale hearing on July 2, 2012.  Balance due from winning bidder within 3 business days after enter of sale order at sale hearing.


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