DESCRIPTION OF ITEM
Estate’s Interest in Annuity Benefits owed pursuant to the Settlement Agreement between Transamerica Life Insurance Company and Joyce J. Carroll executed March 17, 2010. Between February 2016 and January 2020, Transamerica will pay $37,347.01 in Annuity Benefit II payments. Transamerica will begin Annunity Benefit II payments in the amount of $547.01 on February 1, 2016 and in the amount of $800 per month thereafter until and including January 2020. Certain Structured Settlement Protection Act provisions may apply to this sale. Tax liabilities should also be considered by potential bidders. Transamerica’s fee to transfer the interest should not exceed $750.
IMPORTANT LEGAL INFO
CSAssets specializes in the liquidation of Bankruptcy Assets and Personal Assets. All Bankruptcy Assets are sold “AS IS WHERE IS” with no warranties implied or stated. The Seller and the Bankruptcy Trustee are not responsible for any liens or encumbrances against the items. The Buyer will be entirely responsible for these Annuity Benefits after the sale, including but not limited to: pursuing the Annuity Benefits and all associated costs, paying all fee/liens (if any) associated with the Annuity Benefits and any fees required for the transfer of the Annuity Benefits. CSAssets and the Trustee shall be under no obligation to the buyer except to provide the Buyer with whatever documents may be required to transfer the Annuity Benefits interest. CSAssets recommends all bidders perform their own due diligence PRIOR to bidding on this item. This sale will be subject to court approval and will require a Court Order. Please read all sections of the ad carefully, particularly for real estate sales.
We do not know of any liens.
A Document preparation fee of $200 will apply and will be included in the total of your invoice. As stated above, this sale will be subject to court Order. Serious Bidders Only. Any bid submitted by a potential Buyer will be considered an agreement to our Terms. The eBay disclaimer regarding “contract to purchase” does not apply to our U.S. Bankruptcy Court Ordered Sales. Potential Buyers should not bid unless the fully intend to complete the sale.
Item ID: Carroll01
Case Name: Joyce J. Carroll
Case Number: 10-36098-MER District of Colorado