Judgement in the Amount of $29,750 with Payments – Secured by a Lien Against Real Property !

Description

Item Id: John01
Case Name: John, Kerry A
Case Number: 12 22959
Trustee:
Starting Minimum Bid: $2,995

Description: Estate’s interest in a Judgement of $29,500.00. The judgment was ordered May 22, 2014 in the State of Connecticut against the debtor/defendant and another party (Bruce John) Case # 13 02030
A judgment lien was also placed upon described real estate of the debtor and Bruce John in the town of Mansfield, Tolland County, Connecticut, by the Trustee. The property addresses are:
845 Stafford Road
847 Stafford Road
853 Stafford Road
Mansfield, CT 06268

The APN #’s-
20.54.16
20.54.16-1
20.55-14

As of May 2018, the Trustee has collected $18,350.00 from the defendants. The balance to be paid is approximately $11,400. Past regular payments have been made from $50 – $300 installments
Location: The parcels are located in Tolland County, Connecticut. Parcel numbers are listed above

Past and current payments from the Note have been made directly to the Trustee who, in turn, has endorsed payments on to the debtor’s Estate. Once the judgment is sold, payments will be redirected to the new owner following receipt of winning bidder payment.

Judgement See Link Below:
Kerry A. John – Judgement Lien Mansfield

Payment History: See Link:
Receipts and Disbursements – 2018-04-16 – 1025

Notes: A closing cost fee of $225 will apply. This is all we know about this item. Any fees/liens owing on this item are not part of the final bid price. A bid submitted by a buyer is an agreement to our Terms. Buyers should not bid unless they fully intend to complete the sale in accordance with our Terms listed in the listing.

Bidders should familiarize themselves with BKAssets.com policy regarding ‘Proxy Bidding’ (see ‘Bidding Guide’ on BKAssets.com Home Screen). BKAssets is not responsible for connectivity issues, or Internet transmission times, when submitting an auction bid near the close of auction. The auction process does not extend past the set close time of the auction and bidders are solely responsible for the timing and receipt of their bids if they elect not to utilize Proxy bidding.

Title and Escrow: A title search was NOT performed on this property. BKAssets does not provide title insurance. If title insurance is desired, the buyer is responsible for obtaining it through a title company. The title company must comply with the terms of the sale as ordered by the court. Because this is a US Bankruptcy Court ordered, as is where is sale, Bkassets.com is not permitted to use an escrow company, or provide any warrantee or guarantee, implied or stated.

Legal Info: By Order of the United States Bankruptcy Court, BKAssets sells this judgment any other property “AS IS, WHERE IS”, with no warranties implied or stated. This means that the Seller and the trustee are not responsible for problems (if any) with the title, the condition of the property, or any liens or encumbrances against the unit, or collection of the judgment. The buyer will be entirely responsible for this judgment after the sale including but not limited to: paying any fees/costs associated with this judgment, paying all fees/liens (if any), recording/transferring the assignment and gathering any paperwork/documentation necessary for that process. Seller and trustee are NOT judgment brokers. BKAssets and the trustee shall be under no obligation to buyer except to provide buyer with a Trustee’s Assignment. All the information as to the item description has been provided by the Court and Trustee. BKAssets cannot guarantee that all the information is accurate. BKAssets recommends all bidders perform their own due diligence prior to bidding. As with any bankruptcy sale, this sale may be subject to court approval.

Payment Info: Acceptable forms of payment include $U.S. Money order, certified check or cashier’s check payable to the Trustee. The Trustee may also accept “Bill Pay” via paper check from Wells Fargo, Bank of America, Chase, Citi and other institutions or Credit Unions with “Bill Pay” functionality. If you would like to use “Bill Pay,” please call BKAssets prior to sending payment to the Trustee.

A closing cost fee of $225 (payable to Trustee) will apply. Full payment must be received by the Trustee within (7) days of winning bid. Any bidder who does not complete the sale within 7 days from the close of auction will be considered in default. Seller has the right to proceed with the next highest bidder.

Shipping Info: Shipping is free to all buyers in the United States. International bidders are welcome, please contact Bkassets for shipping costs to countries other than the United States prior to bidding. Shipping costs to locations outside of the US will be calculated at the close of auction. Please be advised that because this is a US Bankruptcy Court Ordered sale, and subject to approval, shipping can take an average of 3-6 weeks.

Liens: We do not know of any other liens

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