You only have to pay what you owe them. 30k - 6k = 24k
But the land is still there. That is worth some depending where you are. If the you file bankrupcy, bank forcloses on the land, they should deduct that from the 24k.
You only have to pay what you owe them. 30k - 6k = 24k
But the land is still there. That is worth some depending where you are. If the you file bankrupcy, bank forcloses on the land, they should deduct that from the 24k.
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