Replies to post #162 on National Hispanic TV Network fka GECC

[xrayview]

Thanks MM here are a few details...


A few of Johns assets:

Firearms and sports, photographic,
and other hobby equipment.
RUGER REVOLVER, ARMI SAN MARCOS
REVOLVER, RUGER .22, SPANISH MANSER, MOSIN
NAGANT, ENFIELD, SKS, BAIKAL SHOTGUN,
HOMEMADE HOLSTERS, ROMANIAN AK,
MOOSBERG SHOTGUN, REMINGTON SINGLESHOT
.22, N.E.F. .22, KEL-TEC .9MM (2), CHARTER ARMS
REVOLVER, JAPANESE SWORD, 5-FISHING POLES
& TACKLE, 2-CAMERAS
[A one man militia]

Accounts receivable. JOHN CULBERTSON J 104,000.00

209 WEST OAK STREET, ROGERS, BENTON
COUNTY, ARKANSAS 11 U.S.C. § 522(d)(1) 2,360.52 60,000.00

VALUED BY: CHALLENGE
MORTGAGE-CHARLIE RUSK [Now Charlie is an appraisor]

CMPN.PK .003 X 790,000 = $2,370.00

I notice btw that John forgot to mention the $35,000 that Jim owes him according to Jim’s bk. Maybe it was repaid. <g>

DEBTORS' POSSESSION 11 U.S.C. § 522(d)(5) 100.00 100.00
Checking, Savings, or Other Financial Accounts, Certificates of Deposit
BANK OF ROGERS TRUST ACCOUNT #307XXXX 11 U.S.C. § 522(d)(5) 21.27 21.27
ARKANSAS NAT'L BANK #3003XXXX 11 U.S.C. § 522(d)(5) 32.00 32.00
ARKANSAS NAT'L BANK #3004XXXX 11 U.S.C. § 522(d)(5) 18.42 18.42
ARKANSAS NAT'L BANK #3701XXXX 11 U.S.C. § 522(d)(5) 55.00 55.00
SIMMONS #0518XXXX 11 U.S.C. § 522(d)(5) 50.20 50.20
SIMMONS #575XXXX 11 U.S.C. § 522(d)(5) 30.00 30.00

A few of the many debts listed:
Bank of Oklahoma
P. O. Box 35688
Tulsa, OK 74153-0688
57,639.48

ELOAN
C/O SST
PO BOX 3999
Saint Joseph, MO 64503-0999
9,313.00

ARK BUSINESS PARTNERSHIP
519 EAST CAPITOL
Little Rock, AR 72201
Unknown

14,175.03 in credit card debt

ROSE LAW FIRM
ATTORNEYS AT LAW
120 EAST FOURTH STREET
Little Rock, AR 72201-2893
Unknown

Geeze no wonder John’s in trouble. Take a look at the income stream:

SCHEDULE I. CURRENT [monthly] INCOME OF INDIVIDUAL DEBTOR = 500.00

1. Income from employment or operation of business
AMOUNT SOURCE (if more than one)
$10,120.00 2003 - JOHN
$24,000.00 2004 - JOINT
$8,000.00 2005 - JOHN (ESTIMATED)