The Man in Power After Being Married into Her Family novel Chapter 3497

According to the statistics, the total assets of all the Wade family's collateral families combined would be almost a trillion dollars or so.

This way, even when almost all of the Wade family's collateral families had already taken out all of their cash on hand, they still owed at least 30% of their assets to Ten Thousand Armies.

Just as these people were still at a loss for what to do t o make up for this remaining portion of money, Porter had already received Charlie’s instructions, and he spoke up, "I see that all of you still have a big gap in cash. How are you planning to pay up for the remaining portion of money, then?"

The crowd instantly fell silent.

No one dared to say anything to him because everyone knew that there was only one way left, and that would be for them to sell their assets to raise money to save their own lives.

It was easy to say that they could sell their assets, but i t was actually the least cost-effective method.

This was because as long as an asset were to be sold, its price and value would have to be lowered at a big discounted rate in order to be able to get sold quickly.

It might take a month to sell a property with a market value of ten million dollars at ten million dollars, but if

a person wanted to liquidate the property in a day, he would have to reduce the price to at least nine or eight million dollars for the sale to be possible.

The value of the assets would be discounted but the debt would not be reduced in any way. So, in this case, they would actually lose out on much more than the original 50%!