Paying three hundred thousand dollars of debt before being ordered out of the house
“The seventy-four thousand dollar liability is still attached to the property,” Robert said. “But the underlying asset belongs to the trust.”
I looked at the legal description of the property, the lot lines that ran forty feet back to the old oak tree where Marcus and I had set up a small garden table. The house was no longer ours.
“So any payments made to the bank are clearing the debt on a property owned by the trust,” I said.
“That is correct,” Robert said, closing the ledger. “The trust benefits from every dollar you pay to clear the bank liens.”
I thanked Robert and walked out into the bright afternoon sun, the heat rising from the pavement.
I walked two blocks to a quiet park bench near the county courthouse, where the dry oak leaves rolled across the gravel path. I pulled my small notebook from my purse and opened it to a blank page.
I wrote down eighty thousand dollars, the amount of my first personal consulting bonus that had gone directly to the Broad Street bank.
