Free 16 KB - Oregon

UNITED STATES BANKRUPTCY COURT DISTRICT OF OREGON In re ) ) ) ) ) ) ) ) Case No._______________ NOTICE OF INTENT TO Sell Property at Private Sale, Compensate Real Estate Broker, and/or Pay any Secured Creditor's Fees and Costs [NOTE: DO NOT use to sell personally identifiable information about individuals!]

Debtor(s)

1. An offer has been received by the trustee from ______________________________________, whose relation to the debtor(s) is ____________________________, to purchase the following estate property (NOTE: If real property, state street address here. Also attach legal description as an Exhibit to the original filed with the court):

for the sum of $______________ upon the following terms:

2. Gross sales price: $________________. All liens on the property total: $________________, of which the trustee believes a total of $________________ need not be paid as secured claims (because the lien is invalid, avoidable, etc., the lienholder consents to less than full payment, or part or all of the underlying debt is not allowable). Secured creditor(s) also seek(s) reimbursement of $________________ for fees and costs. Total sales costs will be: $________________. All tax consequences have been considered and it presently appears the sale will result in net proceeds to the estate after payment of valid liens, fees, costs and taxes of approximately: $________________. 3. [If real property] The court appointed real estate broker, ________________________________________, will be paid _______________________________________________________________________________. NOTICE IS GIVEN that the trustee will sell the property, reimburse for any secured creditor's fees and costs, and compensate any real estate broker upon the above terms and without further notice unless within 22 days of either the date in the "FILED" stamp above OR, if none, the Trustee's date below, the trustee receives a bid exceeding the above offer by at least __________________ (and upon the same or more favorable terms to the estate), or an interested party BOTH: (1) files a written objection to the sale, the reimbursement of fees and costs or broker's compensation, setting forth the specific grounds for such objection, with the Clerk of Court (i.e., if the 5-digit portion of the Case No. begins with "3" or "4", mail to 1001 SW 5th Ave. #700, Portland OR 97204; OR, if it begins with "6" or "7", mail to 405 E 8th Ave #2600, Eugene OR 97401), AND (2) serves a copy thereof on the trustee, ____________________________, at _________________________________________________________. If no objection is filed, but the trustee receives any upset bids in the manner required above within 22 days of either the date in the "FILED" stamp above OR, if none, the Trustee's date below, the trustee will notify all persons who have expressed an interest in purchasing the above property of the date, time and place of a meeting at which the trustee will conduct an auction and sell the property to the highest bidder without further notice. FOR FURTHER INFORMATION CONTACT: ____________________________________________________ ________________________________________________________________________________________. DATE: __________ 760 (12/1/08) _________________________________ Trustee