SALES DATE: 10/02/2021

REMOVE DATE: 10/22/2021 12:00am

DESCRIPTION

The Trustee proposes to sell the Property to proposed buyer pursuant to 11 U.S.C. §§ 363(b) and (f) for a purchase price of $2,900,000. The property is being sold on an “AS IS, WHERE IS” basis without any warranties, express or implied, and without any contingencies, and free and clear of all liens, claims interests, and encumbrances, with such liens, claims, interests, and encumbrances to attach to sale proceeds. Potential purchasers seeking to submit an overbid must submit offers to counsel for the Trustee and Trustee no later than three days before the hearing on the Motion (Oct. 21, 2021) via email directed to Diane C. Weil (dcweil@dcweillaw.com), David Seror (dseror@bg.law), and Tamar Terzian (tterzian@bg.law) of intent to overbid and proof of financial ability to close escrow.

The initial Overbid is: $300,000; Subsequent Overbid Increments are: $5,000. To qualify, Overbidders must deposit: $20,000 and provide proof of financial ability to close escrow. The deposit must be remitted to the Trustee no later than three days prior to the hearing, payment in the form of a cashier’s check only (no other form of payment shall be accepted) made payable to “Diane C. Weil, Chapter 7 Trustee”.

METHOD OF SALE

Offer Subject to Overbid

AUCTION HEARING INFORMATION

October 21, 2021 at 2:00 p.m
before the Honorable Julia W. Brand
Courtroom 1375

(Telephonic Only)

CONTACT INFORMATION

David Seror, Esq.
Tamar Terzian, Esq.

Brutzkus Gubner
21650 Oxnard Street, Suite 500
Woodland Hills, CA 91367

Telephone: (818) 827-9000
Facsimile: (818) 827-9099

Email:  dseror@bg.law

Email: tterzian@bg.law

CASE DETAILS

In re: Fehmida Mahmood

Case No.: 2:16-bk-22504-JWB