He's owed us $4000 for almost 2 years and has made no effort whatsoever to pay it pack. To add insult to injury, the guy just got a $6000 tax refund and only gave us $165 because he says he's got to pay off his ex-fiance's wedding ring which she has already hocked. I have documentation on most of it-- $3000 of it was because we co-signed for him on an apartment where he defaulted, the rest is money my wife loaned him, and he lived with her for a year before we were married and never paid any rent like he agreed to...
2007-02-21 14:24:29 · 12 answers · asked by Jason 6 in Family & Relationships ➔ Other - Family & Relationships
Dealing with family loans is ALWAYS touchy. And in-laws (you) are always placed in the "Damned if you do-damned if you don't" position.
It is your wife who needs to step up and take a far more active role in this collection process.
SHE is the one to present him with the documented loans and agreements.
SHE is the one to set up the payment plan.
SHE is the one to be hounding her brother under threat of her husband (you, again) who is ready to sue at the drop of a hat!
If all this fails then it is time for you to step in to make the decision that forever changes your relationship with him and your wife and take that next step.
Good Luck.
2007-02-21 15:30:18 · answer #1 · answered by Hayseedless 5 · 0⤊ 0⤋
Send him a certified letter demanding payment. Tell him if he doesn't pay up by a specific date you will turn it over to an attorney. You might also check the limits of Small Claims Court. Only problem is that even if you get a judgment it may be difficult to collect. One way is if he paid you via check. Then you have a record of his bank and an account. With a judgment from the Court you can go to his bank, produce the Order and they will give you the money if he has it in his account.
2007-02-21 14:32:59 · answer #2 · answered by morahastits 4 · 0⤊ 0⤋
He sounds like he's seriously taking advantage of you and your wifes generosity.
Keep everything in writing and make him sign a statement showing that he will begin paying you monthly payments on the $4,000 he owes you. Make sure that you put it all in writing and that he signs it. In front of a notary would be best.
Next time he defaults, sue him.. Definately.
It's NOT alright for him to treat you the way he has. The courts will have to be his "MaMa" and make him take on his responsibilties if he can't do it himself.
Your wife needs to stop enabling him to use the two of you as well. Provide nothing more to him. Period..
Good Luck to you....
2007-02-21 14:32:00 · answer #3 · answered by ~Me~ 4 · 1⤊ 0⤋
Yes; you're not going to get it any other way. You are not a priority for him. Haul him into court and you might be. And $165 out of a $6000 tax refund is an insult. Good luck.
2007-02-21 14:30:05 · answer #4 · answered by stseukn 5 · 0⤊ 0⤋
If you want your money back, then yes. My husband lent his sister and her husband $3000 after giving them a gift of $2000. None of which was appreciated and the loan was never repaid. He let it go until it was too late to sue and they simply refused to repay. If you want the money back, sue now before it's too late. Small claims court would be in your best interest as a lawyer would take as much as you'll get. Good luck.
2007-02-21 14:47:02 · answer #5 · answered by QT 5 · 0⤊ 0⤋
yes talk him to small claim court if you have enough evidence against him if not they you learn the hard way and this is NEVER CO-SIGN for anyone family or not. That's the cardinal rule. Make sure you have something in writing with his signature on it that said that he was going to pay you back. that will hold up in court.
2007-02-21 14:32:14 · answer #6 · answered by honeybunny 3 · 0⤊ 0⤋
If you do not have all this in writing you lose. Unfortunately we all learn the hard way.Do not try to help him anymore, he needs to grow up and take care of his own responsibilities, the more you help someone, the more they depend on you. Give him a lesson in life and say NO
2007-02-21 14:33:28 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Yes sue him, he sounds like a real looser and he will never pay it unless you teach him a lesson. Winning a court case is one thing, but getting the &*( to pay is another. Take care Heather
2007-02-21 14:28:39 · answer #8 · answered by Anonymous · 1⤊ 0⤋
In-laws can certainly be a pain. If it doesn't cause any strain on your marriage, then I would sue. Some people just need to be taught a lesson about keeping your word.
2007-02-21 14:28:16 · answer #9 · answered by stldiva22 2 · 1⤊ 0⤋
Sue him, and take his property, or car or aything of value and sell it. Better yet, go to the Judge Judy show and as long as you have a winning case, she will let him have it,
2007-02-21 14:37:32 · answer #10 · answered by Anonymous · 0⤊ 0⤋