New Word of Faith Church, Corp

UNITED
STATES
BANKRUPTCY
COURT
NORTHERN DISTRICT OF CALIFORNIA
1300 Clay Street (2d fl.)
Oakland, CA. 94612
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Memorandum
UNITED STATES BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA
In re 	Case No. 07-41865
NEW WORD OF FAITH CHURCH, CORP., 	Chapter 11
Debtor. /
MEMORANDUM
On September 27, 2007, this court ordered the above case
dismissed effective October 9, 2007. 	The debtor filed this case
June 18, 2007, some three and one-half months ago, to stop a
scheduled foreclosure sale by means of the automatic stay provided
by Bankruptcy Code § 362(a). 	After the filing, however, the debtor,
as a practical matter, abandoned practically all of its duties, and
its principal who signed the petition, Nathaniel Brown, left town
without being available to discharge any of his responsibilities
under the Bankruptcy Code.
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Signed: October 11, 2007

EDWARD D. JELLEN
U.S. Bankruptcy Judge

Entered on Docket
October 11, 2007
GLORIA L. FRANKLIN, CLERK
U.S BANKRUPTCY COURT
NORTHERN DISTRICT OF CALIFORNIA
Case: 07-41865 Doc# 22 Filed: 10/11/07 Entered: 10/11/07 12:50:14 Page 1 of 4

UNITED
STATES
BANKRUPTCY
COURT
NORTHERN DISTRICT OF CALIFORNIA
1300 Clay Street (2d fl.)
Oakland, CA. 94612
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1E-mail notice was sent to the foreclosing lender.
2The debtor filed the motion Friday evening, October 5,
2007. 	The following three days were Saturday, Sunday, and
Monday, an official court holiday.
2	Memorandum
Now, the debtor asks the court, ex parte without service of any
papers on any parties in interest, 1 on the eve of the foreclosure
sale, 2 to defer the dismissal for 45 days to permit the debtor to
file a motion for reconsideration of the dismissal. 	The debtor
makes this request so that it can effect a sale of the subject
property to a Benyam Mulugeta, who the debtor claims holds a
$265,000 second deed of trust on the property but whom the debtor
did not schedule as a lienholder in Schedule D (Creditors Holding
Secured Claims). 	The sale is to occur for a purchase price of $1.2
million under terms that are not disclosed, pursuant to an alleged
contract that is not described (or supplied) in the debtor’s moving
papers, for an amount that is approximately $900,000 less than the
value the debtor scheduled and $300,000 less than the amount the
debtor now claims, without supporting documentation, is the
“appraised value.”
The rudimentary schedules the debtor has filed list two secured
claimants, neither of which is Mr. Mulugeta, each owed “0.00,
secured by property worth 0.00." 	The debtor does not have official
counsel of record appointed by the court as required by Bankruptcy
Code § 327(a). 	The debtor has filed no operating reports as
required by the court’s Local Bankruptcy Rule 2015-2 and has paid no
U.S. Trustee’s fees.
Case: 07-41865 Doc# 22 Filed: 10/11/07 Entered: 10/11/07 12:50:14 Page 2 of 4

UNITED
STATES
BANKRUPTCY
COURT
NORTHERN DISTRICT OF CALIFORNIA
1300 Clay Street (2d fl.)
Oakland, CA. 94612
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3	Memorandum
Under the circumstances, the court declines to grant the
motion.
** END OF ORDER **
Case: 07-41865 Doc# 22 Filed: 10/11/07 Entered: 10/11/07 12:50:14 Page 3 of 4

UNITED
STATES
BANKRUPTCY
COURT
NORTHERN DISTRICT OF CALIFORNIA
1300 Clay Street (2d fl.)
Oakland, CA. 94612
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4	Memorandum
COURT SERVICE LIST
Fayedine Coulter
Law Offices
One Kaiser Plaza #601
Oakland, CA 94612
Richard A. Rogan
Jeffer, Mangels, Butler & Marmaro LLP
Two Embarcadero Center, Fifth Floor
San Francisco, CA 94111-3824
Office of the U.S. Trustee
1301 Clay Street, Suite 690-N
Oakland, CA 94612
Case: 07-41865 Doc# 22 Filed: 10/11/07 Entered: 10/11/07 12:50:14 Page 4 of 4