"I apologize. Where are my manners?"I glanced toward her and held out a hand."Aren't you one of -" No. I mean yeah. I used to be her friend. I haven't seen her in years, since school." How have you been? Come. Sit down. Make yourself comfortable."She began, "I am glad you still live in the same house or I'd have nowhere else to go. I'm fine. Surviving life, you know?" All too well. I just returned to town and this place a month ago. Some of my stuff is in boxes in the living room." I have the clothes on my back and what's in this knapsack. The rest of it was too torn and tattered to take along. I would go shopping but I ran out of money when I bought the plane tickets and paid for the taxi here." A grandmother I never knew I had died and left me this house, a sizable trust fund and a car so if you want something I've got you covered. There's a few bedrooms I've kept as they were upstairs. Take one." You're too kind. I've wanted to shower for the longest time but I don't have clothes. Several heads nodded.I continued, “It is the opinion of my lawyers and accountants that very soon Dennis is going to need to bring the offshore money back to fend off bankruptcy. If he does, it is the S&L’s intention to sue for those funds. Unfortunately, that will mean suing all of you for any unpaid portion of the loan, as well.”That brought a groan from the room and set us up to carry out our plan.“What about the development?” a fortyish woman asked.“At this time, because of the foreclosure, all work on the development is frozen because all operating funds are frozen.”“Shit! I’m going to lose my ass over this.” Another well-dressed man spouted off.“How many of you are in the same boat?” I asked.Most of the hands in the room went up.“We have a proposition for all of you. My lawyers will – again - hand out the details for our proposition when we are done. The long and short of it is that we would entertain an offer to buy out the mortgage. If you can form an LLC and put together the.
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