202264185 –
SHAAN AND KHAN, INC vs. TOORAK CAPITAL PARTNERS, LLC
MAR 10, 2023 | REPUBLISHED BY LIT: MAY 8, 2023
MAY 8, 2023
Above is the date LIT Last updated this article.
See BK Case which follows, property ORDERED to be SOLD.
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Lawyer James Pope Represents Mia McCoy in Wrongful Foreclosure Lawsuit, But… – Laws In Texas https://t.co/HgKQHalvSr
— lawsinusa (@lawsinusa) May 8, 2023
DEC 6, 2022 | REPUBLISHED BY LIT: MAY 8, 2023
ORDER ON MOTION TO ALLOW DEBTOR TO SELL REAL PROPERTY
MAR 29, 2023
UPON CONSIDERATION 1703 Brookside Pine Lane, Kingwood, Texas 77345 and the court being apprised of the premises, is of the opinion that the motion should be granted. Therefore, it is
ORDERED that the Debtor may sell its interest in the real property located at 1703 Brookside Pine Lane, Kingwood, Texas 77345. It is further
ORDERED that all liens, taxes and other secured obligations must be paid at closing, in the amounts required by applicable non-bankruptcy law. It is further
ORDERED that all closing costs must be paid at closing, in the usual and customary amounts.
It is further
ORDERED that to the extent the sales price exceeds the associated secured claims plus the listing broker’s fees, a reserve for Quarterly Fees owed pursuant to 28. U.S.C. § 1930(a) (the “Quarterly Fees”) in the amount of 0.4% of the selling price or $5,000, whichever is greater, shall be placed into Debtor’s Debtor-in-Possession bank account and held for payment of final Quarterly Fees. It is further
ORDERED that Toorak Capital Partners shall be paid in full at closing in accordance with an updated payoff quote provided by Toorak Capital Partners, and any portion of the payoff amount provided by Toorak Capital Partners in dispute shall be held in escrow, or the registry of the court, pending final adjudication of the payoff amount. It is further
ORDERED that the completion of the sale will vest the property located 1703 Brookside Pine Lane, Kingwood, Texas 77345 in the buyer or purchaser free and clear of liens, claims and encumbrances, pursuant to 11 USC § 363(f), except that the taxing entities shall retain their tax liens on the property for the 2023 tax year until all amounts assessed have been paid in full.
IT IS FURTHER ORDERED that the balance of the proceeds, not otherwise escrowed as required by this Order, due to the Debtor, Shaan and Khan Inc., after the payment of all closing costs, liens, taxes and other secured obligations as required in this Order, shall be paid to the Debtor at closing.
Bandit Lawyers Erick Delarue and James Pope Challenged in Ali Choudri’s Foreclosure Defense
This is the fourth meritless action in this district initiated by Ali Choudri to thwart foreclosure aided by lawyers Delarue and Pope.
Candace Brooks Hires The Pope and The Lord Removes Her to a Higher Pulpit
It’s all BBQ and Brisket. Maybe Candace Brooks can get refinanced by former bankruptcy Chief Judge David R. Jones and his own legal BBQ team.
Stunning Non-Disclosure of Past Litigation n’ Order of Foreclosure by Bandit Lawyer James Q. Pope
The judgment of foreclosure Order was signed by Court 215 Judge Palmer on June 6, 2024, leading to the Sep. 2024 listing of foreclosure.
