Nice pay day  congrats !!!!! 

Or, save up those pay days and cash in on a sweet big deal.

I'm not sure it's customary, but I'm sure many people in oil/gas areas want to keep the rights *hoping* that they get a nice payday. 

Before the government and the industry reigned in short-sale exploitation - what used to be called "A -> B-> C" transactions, this type of exploitation was rampant, and even was promoted heavily by "the gurus" as a way to get big paydays for relatively little effort.

If you don't currently own your own home you could consider using your payday to do a house hack.  

It is the best strategy for me to begin with, it gives me great paydays up front and the ability to establish a cash flow. 

renewal and new sign up delays. hoping for a December check run payday.

Please don't go borrow money, especially a pay day loan place.

He is assuming all of the liability for your activity but you are effectively cutting him out of the payday.

The 2nd mtg holder wanted to do exactly what happened....send it to foreclosure and hope a couple of bidders who weren't sure of what they were doing, bid it up so they got a pay day...mission accomplished for them.