ED Magedson – Founder
steven sears attorney cpa real estate clients default18 truman irvine, California United States of America
Steven sears attorney cpa real estate clients are now in immediate risk of serious default and notices of deliquency have been sent by certified mail and process server licensed in the state of california and nevada. Warning to all real estate property title holders including state of nevada, clark county, city of las vegas: you are in serious risk of losing your property.
This will be considered a public notice requirement under code of civil procedure and related statutes. No other notices will be posted or mailed on this real property interest. All real estate agents, brokers, property managers are notified to relinquish occupancy and surrender all posessory right immediately.
All clients owning hotel, motel, office buildings in the city of las vegas, henderson, carson city nevada and city of los angeles county of los angeles, state of california are subject to eviction and a receiver will be appointed to manage the cash flow rent receipts.
Any delay unless sanctioned by a bankruptcy court in the central district US (los angeles) a notice of relief from the automatic stay will be issued. Several properties are at risk in County of Orange CA including Maguire Real Estate Broker Sales Division, jamboree/michaelson Irvine CA, St. Regis Real Estate Holdings, Dana Point CA.
The combined value of all real property is over $ 250,000,000. The debt on property (secured) is $ 374,000,000. Defeciency is most likely uncollectable due to inverse valuation.
This report was posted on Ripoff Report on 08/20/2009 12:11 PM and is a permanent record located here: http://www.ripoffreport.com/reports/steven-sears-attorney-cpa-real-estate-clients-default/irvine-california-92620/steven-sears-attorney-cpa-real-estate-clients-default-steven-sears-attorney-cpa-real-esta-482976. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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