Quote:
Originally Posted by Hack&Lube
No. If you read the article, his carpet business went under when his brother sued him and the bank claimed his store and home as collateral. He could not just sell the house because the bank had a claim on it.
The closest was an offer he had for $170K which he would have taken but the bank refused to accept this sale and they had the last say. The bank thought they could get more on the market than the $170K that the buyer offered. Therefore, he had no choice.
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OK, I read the article in full. I failed to see anything that would make me disagree with any of pylon's comments...