OIL & GAS ROYALTIES

David R. Maltz & Co., Inc.


Contact Info:
David R. Maltz & Co., Inc.
Documents:
BANKRUPTCY AUCTION
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OIL & GAS ROYALTIES

Tuesday, January 13th - Tuesday, January 27th, 2009

Location:
OH

Brief Description:
Debtor's Interest in Two Partnership Agreements
Online Only Auction - Register Today

Auction Specialty:  Bankruptcy | Estate & Personal Property | New Merchandise

  Auction Details  
 Bankruptcy Auction - United States Bankruptcy Court Northern District of Ohio at Akron

In Re: Robert B. Meitzer
Case # 05-53602

Oil & Gas Royalties

 

Description:

  • Debtor's Interest in Two Partnership Agreements
  • 1st: Partnership MB Drill 1988
  •    Percent Interest: .01733531
  •    Payment History (3/31/06 - 9/30/08): $10,649.22
  • 2nd: Partnership MB Drill 1989
  •    Percent Interest: .0085055
  •    Payment History (3/31/06 - 9/30/08): $7,133.67
  • Total Payments Received (3/31/06 - 9/30/08): $17,782.89
  • Detailed Payment & Partnership Information Attached

  • Next Acceptable Bid: $12,000

Auction Date & Time:  The Trustee, through his Auctioneer, has received an offer to purchase the assets for the sum of $11,500.  The Trustee has accepted this offer subject to any higher or better offers with the next acceptable bid to be $12,000. This is an Online-Only Auction.  Registration will commence on Monday, December 22, 2008.  The Auction will commence on Tuesday, January 13, 2009 at 1:00 pm est and conclude Tuesday, January 27, 2009 1:00 pm est.  This Auction will feature our automatic extension system that grants a one hour extension to the end of the Auction if a bid is received within the last hour of bidding.  The bidding will conclude when one hour has lapsed without any activity.

Terms & Conditions of Sale:  In order to register to bid, all prospective bidders must remit a certified check in the amount of $3,000.00 made payable to "Harold Corzin, Esq., As Chapter 7 Trustee" with the complete terms and conditions of sale.  The check and executed terms of sale must be sent to David R. Maltz & Co., Inc., 155 Terminal Drive, Plainview, NY 11803. 

Harold Corzin, Esq., Chapter 7 Trustee
David R. Maltz, Auctioneer DCA# 762794
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105

The Trustees, Attorneys for the Trustees and the Auctioneer do not guarantee the accuracy of any of the descriptions or any other information pertaining to the sale of this property. All prospective bidders are urged to do their own due diligence prior to participating in the Public Auction Sale.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.

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