Chapter 12 - Judith calls the note
Judith did exactly what Graham feared.
Her attorney served Bennett Custom Interiors with a notice of default.
Missed interest payment.
Covenant requiring quarterly financial statements had been late.
Thirty-day cure period.
Amount due immediately to cure:
$4,920 plus document delivery.
Not $132,000 immediately.
There.
The monster Graham had protected us from turned out to have paperwork.
The company could cure.
But Judith also announced she would not extend maturity again.
Final principal due in seven months:
$132,000.
Graham panicked.
He called Dana? No direct. He called his business attorney.
Options:
Refinance.
Bank term loan.
SBA-backed facility.
Sell equipment.
Bring in investor.
Payment plan.
No instant collapse.
Eli Porter offered to buy a minority stake.
Graham hated that.
Control.
Always control.
Then he texted me through attorneys:
Mom called the note. Exactly what I told you would happen.
I stared.
As though that proved he had been right to hide abuse.
I answered through Dana:
The business loan is not my responsibility for what happened to me.
No debate.
Then valuation.
Divorce had begun.
Business debt reduced value.
Judith could not simply inflate debt to reduce my marital share.
Independent forensic accountant would review.
She had a real note.
Real money.
May you like
Real outstanding principal.
No conspiracy needed.
