Default Judgment in the amount of $388,490.19!

ITEM ID#: RichardsT01
CASE NUMBER: #07-16609-JNF
CASE NAME: Richards, Tania 

IMPORTANT LEGAL INFO: BKassets specializes in the liquidation of tangible and intangible bankruptcy assets. We sell all items AS IS, WHERE IS, with no warranties implied or stated. This means that the Seller and the trustee are not responsible for any liens or encumbrances against the item. The buyer will be entirely responsible for this judgment after the sale including but not limited to: pursuing the judgment and all associated costs, paying all fees/liens (if any) associated with the judgment, recording/transferring the title and gathering any paperwork/documentation necessary for that process. BKAssets and the trustee shall be under no obligation to buyer except to provide buyer with an assignment for the judgment. 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 case, this sale may be subject to court approval. Please read Notes and Terms sections of this ad carefully. BKAssets does not send Second Chance Offers. Please beware of Second Chance Offer scams.

IMPORTANT INFORMATION: Potential Bidders with feedback scores of 3 or lower must call (480) 969-1760 prior to bidding on this item.

DESCRIPTION OF ITEM: Estate's Interest in a Default Judgment against James Babits in the principal amount of $388,490.19 with interest at 12% from and after May 13, 2008 of approx. $47,000.00 for a total judgment amount of approx. $430,000.00. The Trustee has collected about $5,500.00 against the Judgment so far. The Trustee has obtained a wage garnishment order against the Judgment Debtor. The garnishment currently generates about $600.00 per month. Adversary No. 08-1042. To view court documents Click here

LIENS: We do not know of any liens.

NOTES: This is all we know about this judgment. For security reasons, any information we have will be provided to the buyer only. (Judgments must be renewed every twenty years in Massachusetts in order to remain effective against the judgment debtor.) Bidders are encouraged to do their own research. A document preparation fee of $150.00, payable to BKAssets.com will apply. All sales are final. Serious bidders only. Any bid submitted will be considered an agreement to our Terms.  Buyers should not bid unless they fully intend to complete the sale in order to avoid the penalties listed in our Terms.