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Tidalwave Finance Corporation

COURT
California Central Bankruptcy Court
CASE NUMBER
8:2023bk10794
TYPE / CHAPTER
Voluntary / 7

Filed

4-18-23

Updated

3-17-24

Last Checked

4-26-24

Assets

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Liabilities

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Docket

Last Updated
Apr 26, 2024
Last Entry Filed
Apr 11, 2024

Docket Entries by Month

There are 17 older docket entries.

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May 30, 2023 16 Notice of motion/application to Employ Hahn Fife & Company as Accountants Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)15 Application to Employ Hahn Fife & Company, LLP as Accountant Declarations of Accountant and Chapter 7 Trustee Filed by Trustee Weneta M.A. Kosmala (TR) (Kosmala (TR), Weneta)). (Kosmala (TR), Weneta) (Entered: 05/30/2023)
Jun 1, 2023 17 Declaration That No Party Requested a Hearing on Motion (LBR 9013-1(o)(3)) With Proof Of Service Filed by Trustee Weneta M.A. Kosmala (TR). (Beall, Ryan) (Entered: 06/01/2023)
Jun 1, 2023 18 Continuance of Meeting of Creditors (Rule 2003(e)) (Trustee's 341 Filings) 341(a) Meeting Continued to be held on 7/25/2023 at 10:00 AM at TR 7, TELEPHONIC MEETING. FOR INSTRUCTIONS CONTACT THE TRUSTEE. (Kosmala (TR), Weneta) (Entered: 06/01/2023)
Jun 2, 2023 19 Order Approving Application Of The Chapter 7 Trustee To Employ (Golden Goodrich LLP) Pursuant To 11 U.S.C. Sections 327 And 330. IT IS ORDERED: The Application Is APPROVED. The Trustee Is Authorized To Employ The Firm Pursuant To 11 U.S.C. Sections 327 And 330. The Firm's Employment Is Effective Upon Entry Of This Order, And The Firm Is Authorized To Seek Compensation And Reimbursement For Services Provided On Or After May 2, 2023, The Date The Firm Began Providing Services To The Trustee In This Case. (BNC-PDF) (Related Doc # 10) Signed on 6/2/2023. (NB8) (Entered: 06/02/2023)
Jun 4, 2023 20 BNC Certificate of Notice - PDF Document. (RE: related document(s)19 Order on Application to Employ (BNC-PDF)) No. of Notices: 1. Notice Date 06/04/2023. (Admin.) (Entered: 06/04/2023)
Jun 13, 2023 21 Declaration That No Party Requested a Hearing on Motion (LBR 9013-1(o)(3)) With Proof Of Service Filed by Trustee Weneta M.A. Kosmala (TR). (Beall, Ryan) (Entered: 06/13/2023)
Jun 13, 2023 22 Order Granting Trustee's Motion Under Local Bankruptcy Rule 2016-2 For Authorization To Employ Paraprofessional. IT IS ORDERED: The Motion Is GRANTED. The Trustee Is Authorized To Employ DMC (D. Masin Consulting LLC) As Her Paraprofessional On The Terms And Conditions Set Forth In The Motion. DMC Is ALLOWED And Awarded Up To $5,000.00 In Fees And Expenses, And The Trustee Is Authorized To Expend Funds Of The Estate To Pay The Fees And Expenses Of DMC Pursuant To The Procedure Set Forth In The Motion. (BNC-PDF) (Related Doc # 9) Signed on 6/13/2023. (NB8) (Entered: 06/13/2023)
Jun 15, 2023 23 BNC Certificate of Notice - PDF Document. (RE: related document(s)22 Order on Application to Employ (BNC-PDF)) No. of Notices: 1. Notice Date 06/15/2023. (Admin.) (Entered: 06/15/2023)
Jun 27, 2023 24 Supplemental Motion Under Local Bankruptcy Rule 2016-2 for Authorization to Employ Paraprofessional With Proof of Service Filed by Trustee Weneta M.A. Kosmala (TR). (Golden, Jeffrey) (Entered: 06/27/2023)
Jun 27, 2023 25 Notice of Hearing on Trustee's Supplemental Motion Under Local Bankruptcy Rule 2016-2 for Authorization to Employ Paraprofessional With Proof of Service Filed by Trustee Weneta M.A. Kosmala (TR). (Golden, Jeffrey) (Entered: 06/27/2023)
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Nov 13, 2023 36 Motion Chapter 7 Trustee's Motion for Authority to Collect Payments, Settle Accounts Within Certain Parameters, Use Property of the Estate, and to Employ Christopher W. Miller CPA to Receive Tax Refunds with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (Beall, Ryan) (Entered: 11/13/2023)
Nov 13, 2023 37 Notice of motion/application of Chapter 7 Trustee's Motion for Authority to Collect Payments, Settle Accounts Within Certain Parameters, Use Property of the Estate, and to Employ Christopher W. Miller CPA to Receive Tax Returns with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)36 Motion Chapter 7 Trustee's Motion for Authority to Collect Payments, Settle Accounts Within Certain Parameters, Use Property of the Estate, and to Employ Christopher W. Miller CPA to Receive Tax Refunds with Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR)). (Beall, Ryan) (Entered: 11/13/2023)
Nov 16, 2023 38 Motion For Sale of Property of the Estate under Section 363(b) - No Fee Chapter 7 Trustee's Motion for Order: (1) Authorizing Sale of Personal Property Free and Clear of Liens, Claims, and Interests Pursuant to 11 U.S.C. Sections 363(b) and (f); (2) Approving Overbid Procedures; (3) Approving Buyer, Successful Bidder, and Back-Up Bidder as Good-Faith Purchaser Pursuant to 11 U.S.C. Section 363(m); and (4) Waiving Any Lodging Periods and any Stay of the Order on the Motion; Memorandum of Points and Authorities; Declarations of Weneta M.A. Kosmala and Avishai Shraga in Support With Proof of Service Filed by Trustee Weneta M.A. Kosmala (TR) (Beall, Ryan) (Entered: 11/16/2023)
Nov 16, 2023 39 Notice of Hearing on Chapter 7 Trustee's Motion for Order: (1) Authorizing Sale of Personal Property Free and Clear of Liens, Claims, and Interests Pursuant to 11 U.S.C. Sections 363(b) and (f); (2) Approving Overbid Procedures; (3) Approving Buyer, Successful Bidder, and Back-Up Bidder as Good-Faith Purchaser Pursuant to 11 U.S.C. Section 363(m); and (4) Waiving Any Lodging Periods and any Stay of the Order on the Motion With Proof of Service Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)38 Motion For Sale of Property of the Estate under Section 363(b) - No Fee Chapter 7 Trustee's Motion for Order: (1) Authorizing Sale of Personal Property Free and Clear of Liens, Claims, and Interests Pursuant to 11 U.S.C. Sections 363(b) and (f); (2) Approving Overbid Procedures; (3) Approving Buyer, Successful Bidder, and Back-Up Bidder as Good-Faith Purchaser Pursuant to 11 U.S.C. Section 363(m); and (4) Waiving Any Lodging Periods and any Stay of the Order on the Motion; Memorandum of Points and Authorities; Declarations of Weneta M.A. Kosmala and Avishai Shraga in Support With Proof of Service Filed by Trustee Weneta M.A. Kosmala (TR)). (Beall, Ryan) (Entered: 11/16/2023)
Nov 16, 2023 40 Notice of sale of estate property (LBR 6004-2) Filed by Trustee Weneta M.A. Kosmala (TR). (Beall, Ryan) (Entered: 11/16/2023)
Nov 17, 2023 41 Hearing Set (RE: related document(s)38 Chapter 7 Trustee's Motion For Order" (1) Authorizing Sale Of Personal Property Free And Clear Of Liens, Claims, And Interests Pursuant To 11 U.S.C. Sections 363(b)(And (f); (2) Approving Overbid Procedures; (3) Approving Buyer, Successful Bidder, And Back-Up Bidder As Good-Faith Purchaser Pursuant To 11 U.S.C. Section 363(m); And (4) Waiving Any Lodging Periods And Any Stay Of The Order On The Motion - No Fee filed by Trustee Weneta M.A. Kosmala (TR)) The Hearing date is set for 12/12/2023 at 11:00 AM at Crtrm 5C, 411 W Fourth St., Santa Ana, CA 92701. The case judge is Scott C Clarkson (NB8) (Entered: 11/17/2023)
Dec 4, 2023 42 Declaration That No Party Requested a Hearing on Motion (LBR 9013-1(o)(3)) for Authority to Collect Payments, Settle Accounts Within Certain Parameters, Use Property of the Estate, and to Employ Christopher W. Miller, CPA to Receive Tax Returns Including Attachments and Proof of Service. Filed by Trustee Weneta M.A. Kosmala (TR) (RE: related document(s)36 Motion Chapter 7 Trustee's Motion for Authority to Collect Payments, Settle Accounts Within Certain Parameters, Use Property of the Estate, and to Employ Christopher W. Miller CPA to Receive Tax Refunds with Proof of Service.). (Beall, Ryan) (Entered: 12/04/2023)
Dec 5, 2023 43 Order Granting Chapter 7 Trustee's Motion For Authority To Collect Payments, Settle Accounts Within Certain Parameters, Use Property Of The Estate, And To Employ Christopher W. Miller CPA To Receive Tax Refunds. IT IS ORDERED: 1. The Motion Is GRANTED In Its Entirety. 2. The Trustee Is Authorized, As Of The Petition Date, To Operate Under Section 721 And Collect Payments On Account Of Auto Loans Owned By The Debtor, And To Offer A Discount Of 15% For A Buy-Out Of Such Auto Loans. 3. The Trustee Is Authorized To Use Up To $22,000.00 Of Estate Property To Preserve The Debtor, Liquidate Its Assets, And Prepare The Debtor For Sale. 4. The Trustee Is Authorized To Employ Christopher W. Miller, CPA, To Apply For, And Obtain, Tax Refunds On Behalf Of The Debtor Whereby Christopher W. Miller, CPA Will Receive 25% Of Any Tax Refund Returned While The Estate Will Receive 75% Of Any Tax Refund Returned. (BNC-PDF) (Related Doc # 36 ) Signed on 12/5/2023 (NB8) (Entered: 12/05/2023)
Dec 7, 2023 44 BNC Certificate of Notice - PDF Document. (RE: related document(s)43 Order on Generic Motion (BNC-PDF)) No. of Notices: 1. Notice Date 12/07/2023. (Admin.) (Entered: 12/07/2023)
Dec 13, 2023 45 Order Approving Chapter 7 Trustee's Motion For Order: (1) Authorizing Sale Of Personal Property Free And Clear Of Liens, Claims, And Interests Pursuant To 11 U.S.C. Sections 363(b) And (f); (2) Approving Overbid Procedures; (3) Approving Buyer, Successful Bidder, And Back-Up Bidder As Good-Faith Purchaser Pursuant To 11 U.S.C. Section 363(m); And (4) Waiving Any Lodging Periods And Any Stay Of The Order On The Motion; IT IS ORDERED: 1. The Motion Is GRANTED. 2. The Terms Of The Sale Agreement Attached As Exhibit 2 To The Motion Are APPROVED. 3. The Overbid Procedures Are APPROVED. 4. The Sale Agreement And Overbid Procedures Are Fair And Reasonable. 5. The Trustee Is Authorized To Sell The Assets To The Buyer "As Is," "Where Is," "With All Faults," And Without Warranty Or Recourse, But Free And Clear Of Any And All Liens, Claims, And Interests, Pursuant To 11 U.S.C. Sections 363(b) And (f). The Sales Proceeds Will Not Be Disbursed Without Further Order Of This Court. 6. The Buyer Is A "Good Faith Purchaser" Pursuant To 11 U.S.C. Section 363(m). 7. The Trustee Is Authorized To Pay, From The Sale Proceeds, Any Tax Liability To The Estate From The Sale. 8. The Trustee Is Authorized To Take Any And All Necessary Actions To Consummate The Sale Of The Assets As Set Forth In The Sale Agreement, Including But Not Limited To, Or Required To Consummate, The Sale Agreement. 9. Authorizing The Trustee To Close The Megasys And Scan 123 Accounts Within 7 Days From Entry Of This Order. 10. The Fourteen-Day Stay Under Bankruptcy Procedure 6004(h) Is WAIVED. 11. The Lodging Periods Imposed By Local Bankruptcy Rule 9021-1 And Any Other Applicable Bankruptcy Rules Are WAIVED. - (BNC-PDF) (Related Doc # 38 ) Signed on 12/13/2023 (NB8) (Entered: 12/13/2023)

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Case Information

Court
California Central Bankruptcy Court
Case number
8:2023bk10794
Assets
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Liabilities
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Judge
Scott C Clarkson
Chapter
7
Filed
Apr 18, 2023
Type
voluntary
Updated
Mar 17, 2024
Last checked
Apr 26, 2024

Associated Cases

    Creditors

    Subscribe now or purchase this single case to see the full creditors list.
    Amanda Grey
    Barbara Merill
    Elizabeth Beresford
    Estate of T.F. Beresford
    Hilda E. Hoffman Trust
    Jeff Beresford
    John Cymerint
    Julie Mullen
    Julie Mullen
    Nancy Clarke & Mary J.T. Trust
    Ocean Insurance Co. Ltd.
    Renroc Insurance Co. LTR
    Theodore R. Beresford
    Vincent H. McNally

    Parties

    Debtor

    Tidalwave Finance Corporation
    1560 W. Brookhollow Dr. #201
    Santa Ana, CA 92705
    ORANGE-CA
    Tax ID / EIN: xx-xxx4626

    Represented By

    Christopher J Langley
    Shioda, Langley & Chang LLP
    1063 E. Las Tunas Dr.
    San Gabriel, CA 91776
    714-515-5656
    Fax : 877-483-4434
    Email: chris@slclawoffice.com

    Trustee

    Weneta M.A. Kosmala (TR)
    c/o Law Offices of Weneta M.A. Kosmala
    4425 Jamboree Rd., Suite 183
    Newport Beach, CA 92660
    (714) 708-8190

    Represented By

    Ryan W Beall
    Golden Goodrich LLP
    3070 Bristol St
    Ste 640
    Costa Mesa, CA 92626
    714-966-1000
    Fax : 714-966-1002
    Email: rbeall@go2.law
    Jeffrey I Golden
    Golden Goodrich LLP
    650 Town Center Drive
    Ste 600
    Costa Mesa, CA 92626
    714-966-1000
    Email: jgolden@go2.law

    U.S. Trustee

    United States Trustee (SA)
    411 W Fourth St., Suite 7160
    Santa Ana, CA 92701-4593
    (714) 338-3400

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