Although a government summary substantiated he'd received $627,624.14 (and counting!) from Mark Noss/Full Spectrum and the Grand Traverse Academy between April 2014 and March 2016, (including $67,500 in just the last six months), Steven Ingersoll received court approval yesterday to sell 1022 N. Birney (above) — and direct $2,000 from the sale proceeds toward his "medical expenses".
On September 30, 2015, Judge Thomas L. Ludington issued an order prohibiting Steven Ingersoll from
disposing of his properties without permission of the court.
The May 2, 2016 order directs the proceeds of the sale ($57,800) to be used as follows:
1) Pay the costs of the sale;
2) Pay off the property taxes owed;
3) Pay attorney Jan Geht's Traverse City-based law firm (Bowerman, Bowden, Ford, Clulo & Luyt, P.C., which has a secured interest in the property)
the remaining balance owed at the closing;
4) Pay Ingersoll $2,000 for medical expenses;
5) Pay half (50%) of the remaining balance into the IOLTA for Geht's firm. (IOLTA, Interest on Lawyers Trust Accounts, generate funds that are used to support legal aid, legal education and the provision of civil legal services to indigent people via the interest earned on certain lawyer trust accounts.) Unless there's an additional court order, the proceeds may only be used for legal expenses
incurred by Geht's firm in the course of representing Steven Ingersoll in his criminal case.
Additionally, the order stated that none of the funds may be withdrawn from the IOLTA without a court
On a quarterly basis, Geht's firm is required to provide an accounting of the use
of the funds held on behalf of Steven Ingersoll.
At the end of the
direct appeal in this case, or if Bowerman's obligation to represent Steven Ingersoll is terminated for any reason, the firm was directed to provide a final
accounting of the funds to the government and the court within 14 days.
6) Pay the other half of the remaining balance to the Bay
County Treasurer for delinquent property taxes for Ingersoll-owned properties located at 1514
Center Avenue (his personal residence) and 900 5th Street (the Webster House B&B);
7) Provide the government with a copy of the final
Wait, the Webster House? That sounds familiar...oh, I remember now!
Bay City's Webster House was one of seven properties securing the $250,000 "future advance mortgage" extended to Ingersoll by attorney Jan Geht on February 10, 2015...just as his jury was being selected.
And the Webster House played a starring role in Grand Traverse Academy board president/loan broker Brad Habermehl's scandalous "my friend and colleague" Steven Ingersoll $300,000 money grubbing email revelations.