Sold: Settlement Agreement and Payments in the Amount of $1,270.02 Annually Payable Through May of 2021!

Item Id: Blackburn01
Case Name: Blackburn, LaTeesha L
Case Number: 18 02164
Starting Minimum Bid: $1,295

Description: Estate’s interest in a 1995 Settlement Agreement with payments. The contract was first issued in May of 2013. The annuity is based on a contracted annuity payments to the claimant. That claimant is now the debtor in this bankruptcy filing.

The payments were originally paid to the debtor on an annual basis in the amount of $4,314.00 beginning on 2/28/12 for a period of 10 years.

In 2017, the annual payments were accelerated via an Advanced Funding Exchange whereby ASC purchased a portion of the annual payments from 2/28/18 to 2/28/21, which is the final payment.

Payments to be made are:

2/28/2019 – $1,270.02
2/28/2020 – $1,270.02
2/28/2021 – $1,270.02

TOTAL – $3,810.06

Location Info: The agreement has been issued by Allstate Insurance Company of Northbrook, Illinois

Liens: We do not know of any other liens

Bidding Guide: Please review the bidding guide for terms of auction prior to placing a bid or making an offer..