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2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />11 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />above estate $14,000 and upon close of escrow, Maxine Robinson will be released from her <br />obligation to pay the first deed of trust. <br />JURISDICTION AND VENUE <br />This Court has jurisdiction over this Motion pursuant to 28 U.S.C. §§157 and 1334. Venue <br />is proper before this Court pursuant to 28 U.S.C. §§ 1408 and 1409. This matter is a core <br />proceeding pursuant to 28 U.S.C. § 157(b)(2). The statutory predicate for the relief sought in this <br />Motion is §363(b) of title 11 of the United States Code (the "Bankruptcy Code"), as <br />complemented by Rule 6004 of the Federal Rules of Bankruptcy Procedure. <br />BACKGROUND OF THE CHAPTER 13 CASE <br />On February 16, 2015 (the "Petition Date"), the Debtor fled with this Court a voluntary <br />petition for relief under chapter 13 of the Bankruptcy Code. The debtor's plan has not been <br />confirmed. <br />THE PROPOSED SALE <br />MOHAMMAD AJMAL has agreed to purchase the debtor's interest in So. B Street. Mr. <br />Ajmal is the holder of the first deed of trust securing So. B Street. In consideration, Mr. Ajmal <br />will pay the above estate $14,000. In addition, the debt between Mr. Ajmal and the debtor will <br />be extinguished. Moreover, Mr. Ajmal will pay off all lien attached to So. B Street, thereby <br />relieving the debtor from paying those debt in her chapter 13 plan. Mr. Ajmal will pay all closing <br />costs and the above estate will not have to expend any funds in transferring its interest in So. B <br />Street to Mr. Ajmal. <br />Escrow will be handled by First American Title Company, 3203 West March Lane, Suite <br />110, Stockton, California 95219. The escrow officer is Cindy Freitas who can be reached at <br />(209) 929-4800 and the escrow number is 8706-4922692. <br />-2 <br />Case: 15-40491 Doc# 54 Filed: 06/19/15 Entered: 06/19/15 12:54:16 Page 2 of 4 <br />