Blackstone Code

Chapter 1202: Bankruptcy and...

There are always people who worry about the bank. The bank releases so much money every year. What if someone can't afford it?

   In fact, there is no need at all. The annual profits of the banks are very amazing. They rarely have money to return, because they never give money to the poor and only lend money to the rich who can afford it.

   So the poor can only deposit their money in the bank when their wealth is not enough to realize their ideas, and then the bank lends the money of the poor to the rich, so that the rich can continue to expand their careers and become richer.

   But not everyone who can borrow money from the bank can afford to pay back. For example, Judy’s family has a financial crisis, and there is evidence that they will continue to decline.

   So the bank is here.

   "I have only seen such scenes on TV before." After the bank staff had finished counting and left, the host held the back of the chair in the dining room and laughed.

   There is also a buckle, a label, and a number on it. Before this thing is removed, it cannot be taken away or sold.

   The male host turned to look at the hostess, a little apologetic, "Sorry, but in the end I still couldn't keep your car."

   The couple hugged and comforted each other.

   Judy has never recovered from her senses. Originally... the wealthy family was destroyed in an instant. She never realized that her family was so fragile.

   Her life has been very rich since she was a child, and she is getting richer and richer. Maybe this kind of wealth is not like the rich of the rich. You can spend money to buy happiness for yourself, but at least the middle class life is not a problem.

   With her parents’ work on track, they may be able to become shareholders of their respective companies within a few years, and only relying on year-end dividends can support the size and expenses of the family.

  If you start a business again, or make some financial investment, the family will become richer and richer, until one day, they decide to start their own business...

   But in the past few days, her previous cognition has completely changed. She still can't accept that this family is as fragile as her broken news host dream, and it is broken if it is broken!

   She sat on the sofa in a daze.

   After a while, she couldn't help but said, "Will we go bankrupt?"

   The male host sighed, "Don't worry, it's not that bad..."

   Zhu Di’s eyes suddenly burst into Chonglan’s gaze. She looked at her indifferent father, hoping that he would tell herself that all this was a dream.

   The male host didn’t know that his daughter had so many thoughts. He looked up at the house and sighed and said, “We sold the house so that we don’t need to continue to pay for the property.”

   "This money can probably cover the loan we owe the bank, so we are not bankrupt yet."

   Judy fell silent. Their family only had this house. The federal property tax was not cheap, and Buppen’s was not cheap.

   "If we sell the house, where do we live?" she asked again.

   The male host looked at his wife, "I know there is a motel in the outer ring of the city. It costs only five yuan a night, plus two yuan to provide hot water and TV."

   "We can live there first, and then find a job, at least not to starve us..."

   said that the host let go of his wife, "I have to find someone to buy this house. If I give it to the bank for auction, its price will be very low."

   Banks are not totally unkind or unreasonable. As long as they can pay back the money within 15 days, they will not do anything.

   This family is still a respected customer of the bank, and of course their credit rating will be lowered.

   But if the money is not paid within the time limit, the bank will apply for enforcement from the court, and then auction the house according to law.

There are too many things outsiders do not know about bank auctions. In newspapers and news, it is always said that banks are constantly auctioning some assets. But a few ordinary people have actually heard of, seen, and knew the exact time and Place?

   No, no one knows, everything is digested internally, at a very low price!

   The male owner knows this, he must sell the house before the bank, otherwise he will really go bankrupt.

  Buying a house is actually not easy, especially in the early stage of social economic recovery and rapid development.

  A lot of funds are invested in physical industries, factories, external and internal trade, plus expensive real estate taxes, no one will buy too many useless houses, except for the rich.

   This has also led to the fact that luxury houses in middle-class communities that are not very easy to sell on their own have become even harder to sell.

   People who look down on these houses don’t even think about it, just like those who can’t afford these houses, they are indifferent to the price.

   As for the people who can afford and value these houses and communities, they are all middle-class families similar to Judy's family.

   But they can't come up with the money either, at least they can't collect so much money in a short time.

   Some people say that the biggest difference between the middle class and the lower class and the proletariat is that the middle class has sufficient knowledge of wealth. They know that some of their money is used for financial investment, stocks, or direct equity participation in companies.

   This will make the money become more and more, and those at the bottom of the society do not understand this, they only know to use the money or put it in the bank.

   is precisely the behavior of the middle class who is willing to invest, which makes it difficult for people who want to buy this house to come up with more than two hundred thousand yuan in a short period of time.

   Some people talked with the host and came to see the house. They liked it very much. Their only requirement was to relax the time or lower the price.

   Since the money for buying a house is directly credited to the account designated by the bank, installments are not accepted, so the buyer must pay in full at one time, which is also very embarrassing.

   The male owner rides a bicycle that he has not ridden for 30 years between different real estate businessmen every day, and every time he receives disappointing news.

   Some people think his house is good, but they are only willing to pay a price of more than 100,000 yuan, which is far lower than his psychological expectation.

  He also went to Buppen's more famous second-hand real estate auction. He listed his house for 199,999 yuan, which is 200,000 yuan.

   He felt that although the price was a bit low, it was still within the acceptable range, but there is no doubt that the two consecutive failed auctions cost him 200 yuan in handling fees.

   He didn't sell his house until someone from the bank showed up!

   During this period, Judy's dissatisfaction and even hatred for Lynch became more and more serious. She believed that Lynch had caused herself to suffer so much unfair treatment.

   She wants to publish all of this, so that the public knows what Lynch’s real face looks like, but no media is willing to publish this content.

  No one will offend Lynch for her, no one!

In the end, the whole house was successfully auctioned at a price of 98,125 yuan, plus their little savings and money for selling second-hand cars, and they borrowed a little from relatives and friends. The bank's debts were paid off.

   After 20 years of hard work, I returned to the situation when I just graduated overnight.

   After signing his name on the last document, the male host seemed to have lost his soul.

   In the afternoon, Lynch came back from the office. Tomorrow's Light's Industrial Incubation Park was about to be completed. He went to check it and found that some companies had already settled in.

   This is great news. After the official completion ceremony is held, the industrial park can be vigorously promoted.

   He also met with the mayor, and the mayor also understood the value of this industrial incubator. He and Lynch talked about his willingness to promote the city hall and the six major banks to jointly give some policy support, such as policy and financial care.

   Venture companies must have a big gap in funding, and they can work together to help these entrepreneurial companies mature quickly.

   For the mayor, what he pays is only some policy inclination, and some subsidies can bring a lot of jobs to the city, increase his personal prestige, and accumulate political capital for himself.

   Banks won’t suffer any losses. As long as one out of a hundred entrepreneurial ventures succeeds, they will be able to make money back. Why not give it a try?

   And there is Lynch at the forefront. If this thing is really not profitable, Lynch will do it?

   Before I got home, the phone of the community service company rang.

   Then the little maid told Lynch that there are husband and wife who claim to be Ms. Judy's parents~lightnovelpub.net~ want to see him.

   I have to say, Judy’s parents’ choice is very smart.

   If they go to the company to find Lynch, there is a high probability that the front desk of the company will tell them that they have not made an appointment and they will not even let Mr. Lynch know that they are visiting, and then the security will ask them out very politely.

   It may be a bit reckless to visit the residence directly, but at least it is an opportunity.

   The community service company will not know who these two people are. They only need to tell the guard what they think, and the guard must respond.

very smart.

   Lynch raised his eyebrows after listening, considered for a while, and then agreed with the two people.

   About a few minutes later, Judy’s parents appeared in the living room of this house.

   They are standing, Lynch is sitting.

   "I took the liberty to interrupt your rest, Mr. Lynch, I'm extremely sorry for that!"

   The man looks older than a month ago and is more than ten years old. The originally shiny hair is now completely tarnished, as if every one is in the place where it shouldn’t be, making him look full of twilight.

   There is no such light on his face either, only the gloomy and helpless emotions that flow on the surface.

   He arched his back slightly, bent over, living like a mountain, crushed him.

   Lynch pointed to the opposite sofa, "You can sit down and say, you know, I don’t like to raise my head and talk to people."

   The couple immediately sat carefully and cautiously on the sofa opposite Lynch...