January 25, 2016

Sold: Promissory Note with Cash Flow in the Amount of $ 7,000.00 !

Item Id: Glasgow01
Case Name: Glasgow, Loutisha K
Case Number: 11 21531
Trustee:
Starting Minimum Bid: $4,900

Description:
Estate’s interest in a Promissory Note in the original amount of $7,000.00 in favor of Loutisha Kay Glasgow of Missouri.

Through the terms of the Promissory Note agreement by and between the Note Holder (Ms Glasgow) and Ranard Warren promised to pay the Note Holder the sum of $7,000.00 due. That amount is due plus interest at the rate of 9.00% per annum from and after 8/1/09 plus attorney fees in the sum of $1,000 plus costs.

The Warren party owed the funds on a promissory note to the debtor in the bankruptcy and the Trustee obtained a judgment (Case # 13 BA CVG 00086/Circuit Court of Boone County, Missouri, Associate Division) against the defendant. Payments are $120 per month and the Trustee has received payment through January 2016. Post judgement estimated total payoff is $10,153.80 as of 1/8/16 and the payments are unsecured.

The trustee is relinquishing his rights to collect on the judgment which is currently partially unpaid to the debtor’s estate. The Trustee has also perfected the judgment lien against real estate owned by the defendant located in Boone County, Missouri

Links to the judgment and payment stream will be provided prior to the commencement of the auction.

THIS ASSET HAS A FIRM OFFER AND WILL NOT RELIST!!!

Location Info: Circuit Court of Boone County, Missouri

Liens: We are not aware of any liens

*Picture is of general area, not representative of actual property.*

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