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Sounds like a lot of bad ideas and decisions to me
Failure to consult a lawyer.
Failing to use an accountant.
An inflated sense of self worth.
May seem harsh, but an established author who is in enough financial trouble that they 'need' $20,000 immediately to help with financial difficulties has probably been living well beyond their means or not paying taxes.
A motivated person can get/save $20,000 fairly quickly by getting a second (or first) job and giving up luxury items. Of course the big trick is actually using this money to pay of creditors instead of on a 'much needed' vacation or new car.
I also wonder why, if the book is completed, and looks to be saleable, the publisher would just cancel the contract. A slap on the wrist, a demand to withdraw books from Amazon I could understand, but an arbitrary cancellation of a saleable product seems a bit bizarre.
Helen
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