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Thread: Audubon Drive update...

  1. #1

    Audubon Drive update...

    I saw this on the EIN site...
    it's getting even more bizarre....

    franny

    Audubon Drive sale spin-off news: With all the drama surrounding the sale of Elvis' former residence on Audubon Drive in Memphis, Elvis World's Bill Burk sent us this message:

    FEDERAL BANKRUPTCY COURT has issued a continuance in the 26 June re-hearing of the bankruptcy case approved last February by Mike Freeman and Cindy Hazen. New hearing will be 9.30 a.m. 10 July.

    Freeman and Hazen filed bankruptcy listing $43,000 to creditors. At the time, they were listing the house's value at about $200,000. When it sold (twice) for over $900,000, the Court was asking why the house was not listed at the higher price and why could not the creditors been paid their $43,000 out of that.

    Once those figures became known, all kinds of people have been asking: "WHY even file bankruptcy when, even at $200,000, the $43,000 could easily have been paid off?" ALSO, our legal people cannot find a divorce on record in Shelby County; though they are saying they are divorced.

    Meanwhile, Uri Geller, whose $905,000 bid thru eBay was first accepted, then rejected in favor of Curb's reported $1 million bid, seems bent on staying in the fight for the long run. Both Geller and Curb have DEEP Pocket$ ... so, barring an out of court settlement (which some say will never happen), this sale could be in the courts for a long, long time.

  2. #2
    International Level JDD's Avatar
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    Quote Originally Posted by franny
    I saw this on the EIN site...
    it's getting even more bizarre....

    franny
    Those two are going to end up losing a law suit by the time this is over.
    If they're trying to make false claims on a bankruptcy form they'll probably end up getting in trouble there as well. They made a lot of extra money from the sale of that home and the Lawyers are going to get it all defending them. Karma?

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