Item Id: ProSolutions01
Case Name: ProSolutions, LLC
Case Number: 16 08653
Trustee:
Starting Minimum Bid: $10,000
Description: Estate’s 100% interest in a Secured Promissory Note bearing a 25.00% interest rate per annum. Further information about the note:
One (1) promissory note secured by one (1) parcel of land located in Phoenix, Maricopa County, Arizona. The note originated in September 2014 and the entire balance was due and payable on or by February 1, 2016. Payments on the Note have not been made.
As of December 2017, the balance remaining to be paid on the Note will be $20,000 plus interest.
The Note requires monthly accrued interest payments in the amount of $50.00 with all unpaid accrued interest principal and principal balance payable on or before 2/1/2016
Any existing rights to the Promissory Note dated September 16, 2014 and recorded with the Maricopa County Recorder at recorder number: 20150018758 for Deed of Trust dated September 16, 2014 and recorded with the Maricopa County Recorder at recorder number: 20160147682, and accompanying documents held for the benefit of ProSolutions, L.L.C. for the real property located at 8810 W. Catalina Dr. Phoenix, AZ 85037.
The Trustee has no information or updated financials regarding the current or outstanding sum due under the Promissory Note, if any. The Debtor’s Schedule B, filed under penalty of perjury, states that the balance owed is $20,000.00.
Location Info: The parcel is located in Phoenix in Maricopa County, Arizona number/Map Number is:
102-73-084
The property is located at 8810 West Catalina Drive, Phoenix, AZ 85037. We believe the property to be owner occupied.
Past and current payments from the Note have not been made to the Bankruptcy Estate. Once the promissory note is sold and after the highest bid amount has been paid by certified funds to BKassets.com, any future payments will be redirected to the new owner of the note. There shall be no claim by the buyer to any prior payments received by the Trustee in any circumstance.
Liens: There are two liens on the property one of which is this Promissory Note. Title report will be attached shortly. We do not know of any other liens
*Picture is of general area, not representative of actual property.*
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