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How Will I Ever Pay Off This Debt? (07/19/08)
 
 
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Disclaimer: I am not a lawyer. I am only publishing my interpretation of my situation. You should seek your own legal representation for your own particular situation. Do not rely on my opinions or statements for your own purposes as state and local law varies as do individual circumstances.
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       In order for me to ever pay back the money that I owe, I have got to come up with some way to make a ton of money - almost two million dollars ($2,000,000), in fact. That is most definitely a chunk of money. There is no denying it, and I have only about thirty thousand dollars ($30,000) that I have towards paying it off. Of course, some of that two million dollars is in real estate that will bring some amount of money. Of the four properties, I might get eight hundred thousand dollars ($800,000). That still leaves over a million dollar gap. How am I ever going to come up with that much money? This is where I have to start thinking outside of the box. Read on. See what I have come up with. Let me know what you think.

          My job provides me with steady income, but nowhere near enough to pay off this debt. Let's consider the income from my job merely living expense income. Thus, I am forced to come up with other revenue options. Here is my quick list:

          • ShortOnChange.com
         
Book Deal
         
Sue the Condo Association
         
Florida Lottery
         
• Art
         
Other Web Sites

          Sure, these are long shots; but I have got to start somewhere. Let's discuss these a little bit.

          ShortOnChange.com might eventually start to generate me enough money that I can pay off my debt. The revenue might come from banner advertising. Google has been my best source of revenue from this site thanks to the Google links, but it has been very minimal... far from the million plus that I need. Also, it might be that someone comes along one day and offers to buy ShortOnChange.com, the domain and website, from me. There are tons of such stories. I will go ahead and say it here: ShortOnChange.com is available for sale, just make an offer (preferably $2,000,000).

          A book deal would have to be pretty big to meet my cash requirements. I am writing a book currently about my life here on Perdido Key mixed in with my foreclosure problems and the bad economy plus a lot of drama to make it worth reading. True, I am a yet-unpublished author; and it will be hard for me to garner enough attention to warrant the high dollar book deals that the best authors get; but it just might happen. My book is less than half way through, and I will have more details about it on this website soon enough; but it might just be my ticket.

          A lawsuit against the condo association (the same condo association that just recently took me to small claims court for unpaid condo association dues) might answer all of my problems. Here is my case against the condo association:

          When I bought my three bedroom condo in 2004, it was my understanding that I was responsible for everything from the drywall in. Therefore, I bought insurance. When Hurricane Ivan flooded every unit up to the light switches on the first floor, the condo association brought in a construction company to fix all of the houses; but they flagged my house and refused to fix it saying that I had insurance and had to pay to get mine fixed. I ended up getting my own contractor to fix my house and paid for it with my insurance money.

 

          What seems as if they misappropriated funds is that the condo association took all of the insurance proceeds and fixed everybody else’s condos (except for a few other condos which had their own insurance); but they also fixed everything inside including texturing, painting, fixtures, kitchen cabinets, flooring, doors, kitchen fixtures, appliances (ovens, microwaves, refrigerators, washers, dryers, hot water heaters, a/c units), bathroom vanities, toilets, tubs, wallpaper, carpet, blinds, etc. A special assessment was later levied against everybody, including the condo owner’s that had been flagged and not fixed by the condo association’s contractor.

          I have this case with my lawyer currently, but I have not heard back from him yet as to whether or not he thinks it is a valid case. Of course, if that lady years ago can win a suit against McDonald's for her spilling her hot coffee on herself in her car, why can't I win this case?

          The Florida Lottery, tonight, is three million dollars ($3,000,000). After taxes, I would still have enough to pay off all of my debt. Sure, the odds are - I think some people have said  - astronomical; but there is still that little bit of hope; and the tickets are only one dollar apiece. I do not have a ticket for tonight's drawing (I am sure I would have won tonight), but I will stop by and get some ticket's for Wednesday's drawing and every one after that. I have to at least try.

          Art is a long shot as I have extremely limited ability and even less recognition. I only started last year doing acrylic on canvas paintings. I have a long way to go. I have not sold any of them yet, but I have been to one art show so far; and I have a few pieces up on the walls of a bar in downtown Pensacola (Blues Cafe). Perhaps after I'm dead... after all, nearly all artists have to wait until after they are dead to make money... of course, that is a really depressing thought. I think I will stick to trying to make the money while I am still alive.
(http://www.NoahsArtGallery.com)

          I do have other websites on the Internet that might eventually make me money, but ShortOnChange.com is my most likely bet.

          Got any ideas? I would be glad to hear them. Plus, let me know if you have ideas for improving ShortOnChange.com or if you would like to buy it for about two million dollars.

Get a better job, at Job.com!

 

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