Shadow Empire

Chapter 86 Never mind the light, it’s just light
After coming out of the Golden Diamond Law Firm, Johnny looked at the sunny city, but felt that his world suddenly became dark.

He was depressed.

After he paid 260 yuan, he had less than 150 yuan in cash left, and all the money in the bank was frozen.

What's more troublesome is that he heard from Mr. Gus that even if this case could reach the most ideal level they thought, and the judge supported Johnny's unconscious underreporting due to lack of understanding of local tax laws, he would still need to pay a large fine.

This is not directed at anyone; everyone who goes to court for this kind of thing will face this situation.

Moreover, his bakery has been in business for many years, and the tax bureau may punish him based on his ten to twenty years of tax evasion.

He must prepare at least three thousand dollars to deal with the next situation.

He consulted Mr. Gus about what would happen if he could not pay the taxes, and Mr. Gus tactfully told him that he would encounter misfortune and lose his freedom.

The sunlight could not dispel the haze in his heart, nor could it warm his cold body. He just wanted to escape, but he couldn't.

"We have no money," the fat daughter said softly. She had no money in her hand.

She spent all the money Johnny gave her every month. In fact, she would sometimes steal some business money, but as long as it was not too much, Johnny would not find out.

She steals two or three dollars a day, which is one of the reasons why her boyfriend has always been with her.

Although she smelled bad and was fat, at least she had money and was willing to spend money on him.

But now they are facing loopholes not worth a few dollars or tens of dollars, but loopholes worth thousands of dollars, and this is the best case scenario.

Johnny looked at the coast and the sea level in the distance, his lips moved, and he finally said what he didn't want to say, "We have a house."

The fat daughter wanted to say something, but she didn't say it in the end. Johnny kept saying that the house would be transferred to her and she could live in it after she got married.

But now, that promise looks unfulfilled.

Although Johnny was not very nice to other people, he was quite nice to his daughter. He turned his head to look at his depressed daughter and even came over to comfort her. "Think about it, our bakery at least has a stable income every month, and the new police officer doesn't charge much in fees."

"I'll talk to the gangs next week and maybe they can lower our fees a bit, too."

“And we can also get loans.”

The fat daughter forced a smile and said, "Yes, we can get a loan and pay it back when the time comes. The house will still belong to us."

The two returned to the bakery, where her boyfriend was working hard to knead the dough. His sweat fell into the flour, adding a special flavor.

In the evening, the trainee lawyer recommended by Mr. Gus came here. After they talked for a while, they collected some information and materials and left.

Before leaving, he suggested that Johnny should be prepared to pay fines, because the tax bureau would definitely insist on collecting taxes and penalties, and the court would support it.

If he fails to pay the money on time, they will charge him interest, and the interest is very high!

Johnny talked about what would happen if he had no money, and the young lawyer had not yet learned to be tactful, so he told them bluntly that the bank would auction off all the valuables under his name and then send him to jail.

The next morning, after a night of thinking, Johnny quickly cheered up. As long as the bakery was still there, he would have a chance to get back on his feet.

In the morning, he came to Broadcom Bank and came before the loan manager.

The manager was an old guy wearing glasses. He looked at the form Johnny filled out with the help of the teller and made two phone calls.

Finally, he looked at the form and raised his eyebrows. "Mr. Johnny, if you use this house as collateral, I can give you 1,500 dollars."

Johnny's eyes suddenly widened. He had spent an entire night doing psychological work to finally make this thing come to his mind, but now the other party told him that the house was only worth fifteen hundred dollars?

The expression on his face was particularly vivid and lively, and his eyebrows were raised. "Are you sure you didn't say 3,500 or 2,500?"

The manager shook his head. "This is an old house. I just asked our partners and found out that the most recent second-hand house in this area was sold for only three thousand yuan."

"If you can't pay the debt, we need to deal with this house, which will require manpower and material expenditures, including auctioning, which also has costs. And I think its auction price will conservatively be no more than 2,500 yuan, maybe a little lower."

"With all these expenses, the most we can get is 2,200 yuan."

Johnny was already very angry after listening to the bullshit this bastard said, "But you...only gave me one thousand five hundred dollars!" He almost swore.

The manager still had that expressionless look on his face. "The remaining space is interest and a reserved safety margin. We must first ensure that our interests are not harmed."

"Mr. Johnny, we are not philanthropists. If you want to find a philanthropist, go find those charities."

"This is a bank. We lend you 1,500 yuan in the hope that it can bring us the returns we expect, not as a charity." He then piled up the forms and some information and put them in a file bag. "You can go back and think about it again. Maybe changing banks or looking for financial companies on the street would be a good choice."

It was obvious that he was being told to get out, so Johnny snatched the document away and wanted to curse at him, but when he saw the guard outside the window, he finally kept the curse words to himself.

"I'm never coming back to this damn vampire place."

The manager still smiled disdainfully and signaled him to leave.

He then went to Parkway Bank and the local Golden City Bank.

The loan manager at Parkson Bank said he could give him $1,750, $250 more, and gave similar reasons.

This was also unacceptable to him, and he went to Jincheng Bank.

Jincheng Development Bank is a local bank established by a number of wealthy people under the promotion of the state government. Many people trust this bank and deposit their money in it.

Its savings interest rate is 3% higher than that of other banks, and some large savings may be 5% higher, which is very attractive to depositors.

But some people think it is not safe enough, so Jincheng Bank's development has always been trapped locally, with no ability to expand outward and it is difficult to expand outward.

However, the various businesses in Jingang City alone are enough to satisfy their hunger.

After looking at his documents, the loan manager here only gave him a quote of 1,800 yuan and told him that this was the highest quote in the city and no one would offer a higher price than his.

"Mr. Johnny, you have to understand one thing. If you can't pay the money back, we will have to sell the house for more than two thousand four hundred dollars in order to get the interest we expect."

"It looks like there's still $600 more to go before the most recent sale price, but you have to know that there's only been one sale in this community in the past three months."

"If we want to get our money back as quickly as possible, we can only put it up for auction at a price lower than 3,000 yuan. Those who are interested in it will not buy it for 3,000 yuan."

"Because if they can afford it and are willing to pay it, they have more choices, better choices, bigger choices, and more up front choices."

"So don't think I'm playing tricks on you or blackmailing you. I'm just telling you why it's worth this price."

"In addition, if you are lucky, we will deposit the extra money into your account, so you don't need to worry about any additional losses."

"You can think about the bright side. What if someone is willing to buy your house for 5,000 yuan?"

This wasn't funny, at least not for Johnny. "So eighteen hundred dollars is the highest price?"

The manager nodded and, like the manager of Broadcom Bank, began to tidy up the things on his desk and put them into a file bag. "I said that no one would offer more than this price, unless it was those financial companies."

"But you should be aware that if you give them your house, you may lose more than just a house."

On the way back, his mood became even more depressed, and at the same time another idea came to his mind: why not consider trying to sell the house directly?

He went to real estate agencies around the community and proposed selling his house.

The agent arranged for someone to see his house, and looked at it from front to back. "Mr. Johnny, your house looks... OK. How much do you plan to sell it for?"

Johnny felt a little hopeful. "How much do you think it will sell for?"

The agent thought for a moment and said, "If you are not in a hurry to sell it, 2,600 is a very suitable price."

"I noticed some of the floorboards and wall coverings inside needed to be replaced, and the exterior walls and roof needed to be taken care of. You have to offer a competitive price to people."

Johnny was mentally prepared, but still couldn't accept it. "I heard it can be sold here for 3,500 yuan!"

The manager smiled and said, "It's a new house, and it's decorated to a high standard."

He was silent for a while, then asked, "What if I'm in a hurry to sell it?"

"I can help you get 2,400 and try..."

Johnny felt his blood pressure rising again, and even felt a little dizzy. He closed his eyes for a while and raised his voice again, "You just sold a house for three thousand!"

The manager still had that fake smile on his face, "If you spend 500 bucks to renovate your house, I guarantee you can sell it for 3,000."

Johnny returned home with the file bag. He was worried and felt uneasy. When he was tossing and turning, a small card fell out from somewhere.

Wanli Financial Consulting Company meets all your needs!
(End of this chapter)