Podcast Appearances
I don't think he owes. He rents. He doesn't own a home. I don't think he owes anything else. He doesn't have credit card debts. The tax debt's the only one that I'm aware of.
You hear very well.
You hear very well.
You hear very well.
Yeah. The thing is, Dave, this has happened so many times, I can't count them. But you've been there to bail him out every time. Yeah, and we had to take him out of high school because of his behavior. We had to send him out to a survival camp in Idaho. Then we put him in a private school in California, and all that required a second mortgage on our house at the time.
Yeah. The thing is, Dave, this has happened so many times, I can't count them. But you've been there to bail him out every time. Yeah, and we had to take him out of high school because of his behavior. We had to send him out to a survival camp in Idaho. Then we put him in a private school in California, and all that required a second mortgage on our house at the time.
Yeah. The thing is, Dave, this has happened so many times, I can't count them. But you've been there to bail him out every time. Yeah, and we had to take him out of high school because of his behavior. We had to send him out to a survival camp in Idaho. Then we put him in a private school in California, and all that required a second mortgage on our house at the time.
We bailed him out of a car loan that he didn't keep up with that I co-signed for. It's just been one thing after another.
We bailed him out of a car loan that he didn't keep up with that I co-signed for. It's just been one thing after another.
We bailed him out of a car loan that he didn't keep up with that I co-signed for. It's just been one thing after another.
If it were me, I wouldn't do it. Here's what I'm going to suggest. He got a severance package from the insurance company that's going to pay out about $30,000 over the next five years, about $6,000 a year. I told him that we would help him out if he would sign that over to me to pay back what we're going to advance him, but I initially thought we could do the whole amount.
If it were me, I wouldn't do it. Here's what I'm going to suggest. He got a severance package from the insurance company that's going to pay out about $30,000 over the next five years, about $6,000 a year. I told him that we would help him out if he would sign that over to me to pay back what we're going to advance him, but I initially thought we could do the whole amount.
If it were me, I wouldn't do it. Here's what I'm going to suggest. He got a severance package from the insurance company that's going to pay out about $30,000 over the next five years, about $6,000 a year. I told him that we would help him out if he would sign that over to me to pay back what we're going to advance him, but I initially thought we could do the whole amount.
That's the way I think.
That's the way I think.
That's the way I think.
I totally agree with you.
I totally agree with you.
I totally agree with you.
Thank you. There's one other question to kind of take this out a little further because I don't think my son realizes how bad a position he's in. If he pays this over the next 20 or 30 years, he still may not have it paid off and we die. And that's all right. Yeah, but we have all of our assets and our real estate is in trust. And my daughter is the trustee and the executor.