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SALE OF ESTATE PROPERTY

U.S. Bankruptcy Court for the Eastern District of North Carolina

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the Eastern District of North Carolina

Rule: 6004-1

Jurisdiction: EDNCB

Bluebook Citation: Bankr. E.D.N.C. R. 6004-1

All Rules: Bankr. E.D.N.C. Local Bankruptcy Rules, complete index

Text

Following a public sale, the trustee shall file a report of sale and serve the report on the debtor and the bankruptcy administrator. The report shall include an itemized statement of the property sold, list of bidders, the name of each purchaser, and the price received for each item or lot or for the property as a whole, if sold in bulk, and shall state the date, time, and place of the sale. The report shall include a calculation of compensation allowable under the order of employment and copies of the sale advertisement along with a summary listing of all advertising expenses, sign expenses, shipping costs and postage expenses.

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