Paying three hundred thousand dollars of debt before being ordered out of the house
“He thought he was protecting the asset from the bank,” I said.
“He was,” David said, “but he did not realize he was setting up the exact mechanism we need to undo it.”
My phone rang, the screen showing Marcus’s name.
I let it ring until the sound died, leaving the room silent once more.
“We need a bankruptcy specialist to file the petition,” I said, looking back at David.
“Richard is waiting for us on the third floor,” David said.
We took the elevator to the conference room, where Richard sat surrounded by cardboard boxes of corporate filings.
Richard was a man of sixty with a dry, professional demeanor that offered no false comfort.
He did not ask about my living arrangements or the state of my marriage.
He simply opened a yellow legal pad and drew three columns.
“The involuntary bankruptcy petition requires three qualified creditors if the company has more than twelve total,” Richard said.
“Webb Consulting has nine,” I said.
“Then we only need one,” Richard said, tapping his pen against the pad. “And since you hold the primary debt instruments, you qualify as that single petitioner.”