Please help me, Im going nuts.

[RobbyNeedsHelp]

I called the attorney today to talk payment

I called the attorney today to talk payment, and I agreed to pay him his 14k but he said I owe him $22k, for interest and his time, what the hell??? can anyone tell me what I can do now? I told him its 14k or 5 yrs of ch 13 payments he said he would get back to me......ugggg! Im being bambozzled by this lawyer. Please suggest something if you know how to handle this. thanks

[RobbyNeedsHelp]

What should I do?

[RobbyNeedsHelp]

What do I do now?

What do I do now?

[HHM]

Demand that he validate the debt.

Also, do you still have a copy of the original bill/invoice.

[RobbyNeedsHelp]

I called the atty today to pay the debt, he laughed at me and said he wanted 22k to e

I called the atty today to pay the debt, he laughed at me and said he wanted 22k to end it, what do I do now?

[RobbyNeedsHelp]

Yes I do have an invoice from 2001 & 2003

Yes I do have an 2001 & 2003 invoices.

[aa06a47]

You really don't want to file bk for 14k or even 22k of debt when you obviously have enough assets to cover it. Can you get a loan against the property to settle the debt with the attorney? If it is worth as much as you say, then that shouldn't be a problem.

From what I'm readying, you have a problem with an attorney, not a problem being insolvent or bankrupt. I wouldn't think of going through the hell of a chapter 13 for this.

[RobbyNeedsHelp]

I tried and cannot get a loan.

My credit rating isnt good enough to refinance a commercial property, commercial property loans are very hard to get unlike residential, Ive tried lenders are not interested in commercial.

[HHM]

As many have asked already, but you still haven't answered...what is the problem with selling the property and taking your profit???????????????????????????????????????????? ??????????????????????

[Krissy1980]

Poor guy

[RobbyNeedsHelp]

Selling property

I have been trying to sell the property, no buyers, I have tried to rent the property no takers, I have even annouced that I would hold private mort on it, no bites. Any suggestions?

[aa06a47]

Are you trying to sell it on your own, or do you have a commercial real estate agent involved? You may have the property priced too high for the current market. I would, if you haven't already, gotten a professional involved in the sale of the property.

Bankruptcy should be a last resort.

[RobbyNeedsHelp]

I have it listed with a Realtor

I have it listed with a Realtor and no luck. So this is my only alt.

[HHM]

Look at it this way, if no one is willing to buy on the market, maybe no one will bid on it at the foreclosure auction.

[RobbyNeedsHelp]

hhm

The atty is trying to get it, so he will be bidding.......