Item Id: Facio01
Case Name: Facio, Jose A
Case Number: 14 07099
Starting Minimum Bid: $1,495
Description: Default judgment against debtor entered May 28, 2015
Awarded in the first adv. Case # 14 07099 in the US Bankruptcy Court for the District of Arizona to turn over five separate personal vehicles. This first judgment dated October 16, 2014.
When the turnover did not occur, the Trustee then filed a second judgment in lieu of the vehicles in the amount of the fair market value of the vehicles and other assets. This amounted to $9,029. The judgment added on $750 in legal fees for a total of $9,779 in the judgment
Since that time, the Trustee also obtained a wage garnishment of the debtor for the full value. That garnishment has provided, as of 6/30/18, a total of $5,230 which has been credited to the Case to benefit creditors. This leaves a balance to be paid in the amount of $4,549. The garnishment has been equal payments of $50 along with periodic service fees of $10. The employer is LG’s Barber Shop.
Trustee will provide last known address of the defendants to the winning bidder. The Trustee will reassign the wage garnishments to the winning bidder once winning bid payment has been received.
Judgement See Link Below-
Payout History: See Link Below-
Notes: A closing cost fee of $275 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 (to view terms, click “Terms” tab in Seller Store header at top of ad).
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.
** BKAssets.com has retained the services of an outside collection agency specializing in judgments who may be willing to assist the winning bidder in pursuing, and collecting, on the judgment from the defendant. This asset has been pre-approved for this assistance by both BKAssets and the collection agency.**
This service is an option for the winning bidder if they so choose to accept. It is NOT provided automatically by BKAssets.com
Legal Info: By Order of the United States Bankruptcy Court, Bkassets.com sells this and 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. The buyer will be entirely responsible for this judgment/assignment after the sale including but not limited to: paying any fees/costs associated with this property/wage garnishment, paying all fees/liens (if any), recording/transferring the title and gathering any paperwork/documentation necessary for that process and for collection of the judgment. Seller and trustee are NOT appraisers or judgment brokers. BKAssets and the trustee shall be under no obligation to buyer except to provide buyer with an assignment. All the information as to the item description has been provided by the court. 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: $U.S. Money order, certified check, cashier’s check. BKAssets may also accept “Bill Pay” from Wells Fargo, Bank of America, Citibank, Chase, a local regional bank or Credit Union. If you would like to use “Bill Pay,” but do not bank at one of these establishments, please call BKAssets prior to sending payment.
A closing cost fee of $275 (payable to seller) will apply. Full payment must be received 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 included 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 liens
Bidding Guide: Please review the bkassets.com bidding guide for terms of auction prior to placing a bid or making an offer..