sports

Chapter 6 - The Financial Decapitation

The financial freeze was executed with the precision of a surgical extraction.

By 11:00 AM, my accountant, Sarah, joined Marcus and me in my hospital room. She had a thick manila folder filled with corporate registration documents, tax returns, and bank statements.

"Daniel’s real estate office in downtown Maple Ridge is registered under your dental practice’s LLC," Sarah explained, showing me the lease agreement. "You are the sole guarantor. I’ve already sent a formal notice to the landlord stating that we are terminating the lease at the end of the month due to material breach of contract."

"What about his personal accounts?" I asked.

"He has exactly $1,420 in his personal checking," Sarah said, stifling a laugh. "The rest of his lifestyle—the golf memberships, the expensive coffee, the tailored suits—was paid for through the corporate credit card you gave him as a 'marketing expense.' I’ve deactivated that card. I’ve also sent a formal repossession notice for the Porsche."

"The Porsche is registered under the business name, correct?" Marcus asked.

"Yes," Sarah confirmed. "It’s a company vehicle. Daniel has forty-eight hours to return the keys to the main clinic parking lot, or we file a formal auto theft report with the State Patrol."

"And Margaret’s house?" I asked, my heart tightening slightly.

"The brick colonial is co-signed by you," Marcus said, leaning forward. "But the mortgage payments are drawn from your personal account. We are letting the mortgage go into default this month. Let the bank send her a foreclosure notice. When she realizes she can't pay the fifteen thousand dollar monthly mortgage, we will file a partition lawsuit to force the sale of the house and claw back your equity."

May you like

I leaned back against the hospital pillows, ignoring the sharp pain in my side. For eight years, I had been the silent engine pulling their heavy, luxurious train. Now, I had simply uncoupled the engine.

I wanted to see how far their momentum would carry them on empty tracks.

Related Stories

Other posts