"I've calculated it over the past couple of days. To redeem the house from the bank, it will take about thirty-three million to pay them back. Relatives and friends have all said they won't charge interest, as long as I can return the principal. The money borrowed from them totals twelve million, and I borrowed less than eight million from loan sharks, but with the interest piling up, it's now close to twenty million. Then there's the thirty million I borrowed from you, Wenjie, not counting the interest. That covers all our debts."
"With a debt close to one hundred million, how do you expect me to pay it back? Even if we sold our house, it would only cover about half of what we owe," Jiang Nansun said with a sense of helplessness.
"Nansun, don't worry. Uncle, let me break it down. The bank's money definitely has to be paid back first. Next, since relatives and friends didn't charge interest, that amount can't be reduced either. As for the loan sharks you borrowed from, I can help you find a lawyer. Current national regulations state that private lending interest rates cannot be excessively high; yours is certainly illegal. I think that amount can be cut by at least half, down to thirteen or fourteen million. Let's put my money aside for a moment. That means you all need to repay less than sixty million in total. I have a proposal: I will offer seventy million to buy the old garden house you currently live in. With this money, after clearing your debts, you'll still have aro…
Chapter 72