Your question does not contain sufficient information to create a response OTHER than the trite and well used, "You need to consult an attorney."
Does 'Paper" mean the subscription to the New Haven news source, the mortgage note, the tax cert, the right to pursue, or some other instrument of debt?
Do not rely on the financial hardship of another to exempt YOU from your debts. Their hardship may only mean they have not the resources to pursue collection OR they are going to pursue collection on a urgent basis. This is good grounds for hard negotiations.
With so many unknowns, you best source of actionable direction is a New Haven attorney. Unfortunately, they do not work without compensation.
Best of success,
Annette Lawrence, Broker/Associate
Palm Harbor, FL