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All right up next is going to be Monica Monica's in Kansas City hey Monica how -- you tonight.
I'm doing good and how -- you know better than I deserve how can I help.
Okay woman really is is that -- has happened and my aunt had the few months ago.
And I am not be expected of her mom.
I now find out that he has left more -- than -- -- money -- the cover her bill.
Operator has a negative net -- Her assets vs -- liabilities is negative right wow how much of that that you have about 300000.
What rule and that you would that she -- any thing.
Almost her aunt said she had to -- help the one -- -- she had old and I knew Howell.
And as far as I'm any back -- and Sharon -- is the -- out.
But none of these houses that up to be 300 K them.
-- -- -- -- So literally what she -- vs what she owns it is a negative figure.
Well you're the -- secular all of -- of a -- -- to be writing letters telling everybody that take their stuff and there's no money.
There's no reason to do -- thing -- -- walk.
-- -- While the issue is the bill does -- have left behind.
She jeopardize the new house.
That he had bought and paid for with some of the house that she had old Bob.
I'm by borrowing 140000.
Dollar loan with an -- APR you know so that's a big mortgages -- While the current mortgage and I -- -- 1170.
I'll know what what's the balance on the mortgage -- the forty.
Who wants a house worth.
About 340 ish I'll -- -- got 200000 dollars and other -- yeah.
What -- I don't.
If you own the I'm sorry she called the hire act about 90000 dollars or batter who who.
Which is accruing interest because he or that being kept -- paid -- -- principle the first -- -- them.
-- all of the credit -- about 50000 dollars would certainly be interest for the unpaid balance them.
And last but not least the -- got the figure of about 40000 dollars the medical bill.
Okay that's only 180.
180 and 140.
It wouldn't -- here I guess -- and the house is worth three.
So you're you're in the hole but not much.
Well I mean realistically if you sell off everything.
And pay -- against all the bills.
The bills still -- not -- that's what we're saying right right.
I you know who who's the living in the house.
I'm currently living and I know how unless I'm assuming that the heart -- as mortgage payment and why don't.
But -- but -- -- with the property and it didn't stop the other bill but the taxes health insurance -- are you paying any bills.
Because the attorney that was -- hurt it at that point but -- makes all the bills are getting paid.
But you don't but those state and any money to pay the bills.
Right you're paying bills for something that -- -- -- get paid no -- got really bad advice.
Why would you pay bills for somebody else that's not here.
A lobbyist turned but -- for the -- -- if we don't lose anything.
When you're gonna lose everything because by the time that you know unless you want -- pay more for this house than it's worth to stay in it.
Which is the only way you can stay in it then you're going to lose everything.
You're not only -- -- debt personally right.
I'm sorry you don't you didn't sign anything to be -- me this step personally right.
Now OK well here's the deal the only way you're gonna get clean title but the house is pay all the IRS than the other loans off.
And by the time you do that and pay the mortgage.
You've paid more for this house than it's -- why would you do that.
You wouldn't if you're Smart.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Can't you see what I'm saying the only way you're gonna -- -- titled this house from the -- is to pay all of the -- -- And in -- if you do that you're gonna end up paying thirty or 40000 or more for -- house effectively.
Than it is worth that's the numbers you gave me.
My advice would be to get a different attorney and look at this and see how to best do it.
But I think I'm gonna call the IRS and -- the banks -- by -- just say take a lean on the house counsel's going to foreclosure.
And I'm a move.
I don't you pay another dime.
They -- recommending have to pay anything at this point.
I wouldn't pay anybody.
Why would you pay anything I have no reason to think that there's any good gonna come to you.
For paying any -- even if you're the talk a single -- for the estate there's no assets are no net equity -- this house is worth 600000.
It might be worth keeping everything -- do you get the house sold right.
So you didn't lose it but who cares if you lose it you didn't lose anything.
I'm going to give everybody the keys to everything and Tom good luck.
And lets you see somebody lets you use -- -- somebody has some better advice and can unpack this in detail for you.
But in a state and a state that is under water has no value.
The weird part of this scenario is is there so much equity in this house.
You know the IRS or somebody else who's gonna get that whoever lines up on the first and good luck to want.
I wouldn't spend a bunch of my life and I wouldn't spend a dime of my money administering this state because there's no net -- to it it's all just gone.
And so you know find out when they're gonna when it's going to be foreclosed on so you know when you got to move that's on would it.
Well folks like to and we are going to get a get --
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