Spring is in the air! The sun was out yesterday on St. Patrick's Day, which was a relief, after this long, cold winter, with more than 62 inches of snow accumulation. I am happy and grateful now that I can start running again and lose the 10 or 12 pounds of fat I gained due to my laziness and sedentary hibernation the last few months.  On my first morning run in more than 4 months, it felt great to finally come back!  I have to take my glucosamine for my joints, because I am really feeling it this morning, as I write my blog.  I can't believe the amount of junk food I ate this season, which caused the weight gain.  I don’t know why I thought I couldn’t exercise this winter. The seemingly unending cold literally made me so lethargic, I just didn’t want to get out of the effing house!  It also created a great justification, where I told myself I would not run or do my cardio or weight lifting day after day because the mother-effing weather was too effing cold. How do you like my swearing now?

Spring is a time for creation, and I was really excited when I received a call from my representative at the loan modification company yesterday with better news than the day before concerning my imminent foreclosure with all my properties in the Midwest.  My banker is now seriously considering the proposal I gave him for the units, because I am no longer scared of him and I am willing to bankrupt the whole business and drag it out over many years, delaying the foreclosure, in order to buy time and figure out a way to pay the debts and make the company a strong and functional entity. Of course it’s up to the judge, and I may lose everything in the process, but I feel OK with that.  I already mentally prepared myself for a catastrophe of this magnitude.

I also found out yesterday that Heritage Bank sent out what is called an assignment of rents to some of my tenants, not all of them, just enough to cover the mortgage on my properties. While I don’t know the legalities of the situation, I have yet to receive a notice to cure, or a notice of default, in order to get my 30 days to bring everything current.  Maybe because my loans are commercial, they don’t have to do it, or maybe the mortgage documents contain a clause, which says they can do it without a notice of default.  Today I am meeting with my attorney who is going to help me with the foreclosure and the bankruptcy. I am also considering suing the bank, for interfering with my business practices, because they did. I will ask my attorney about that.

Anyway, I feel empowered for the first time in many months, and I had a couple good night’s sleep as well in the last few days.  Spring is definitely a good season for me.  Too bad more snow is coming this weekend, but I won't let that ruin my weekend plans! I will be in Chicago this weekend, galavanting with all the boys in Boystown! Maybe I'll find the love of my life. Hopefully, he's not a banker.

Until tomorrow, have a fantastic Thursday.