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You can offer to take over the payments only if they agree to allow you to assume the liability but with a significant enough discount, with the alternative being that they can try to collect on someone who is slipping into insolvency with few to no assets of her own. It makes the decision a bit easier on their part because they either have to sink time and effort into someone they might never collect from on the one hand, or take a bit of a haircut but know they'll get paid. It's a no brainer that way. The amounts in question are too low for litigation to really make sense.
You can offer to take over the payments only if they agree to allow you to assume the liability but with a significant enough discount, with the alternative being that they can try to collect on someone who is slipping into insolvency with few to no assets of her own. It makes the decision a bit easier on their part because they either have to sink time and effort into someone they might never collect from on the one hand, or take a bit of a haircut but know they'll get paid. It's a no brainer that way. The amounts in question are too low for litigation to really make sense.
If it comes to my wife and I assuming liability, we would just pay it off immediately rather than make payments to this guy (or MIL's bank?). If the guy is willing to be reasonable, then we'll just write him a check to be rid of him. If not, MIL, at 80, as a homeowner with no possessions of particular value or savings the guy can get at, has little to lose with bankruptcy, I think. Unless the guy can garnish her alimony, and I think that would be protected in bankruptcy because she barely makes enough to support herself.
Hollywood has the best moral compass, because it has compassion.
So... when do you take over for a parent?
- 24/07/2018 10:15:44 PM
917 Views
Yeah the downside is what you said about her driving.
- 24/07/2018 10:29:59 PM
566 Views
Yeah... banks and collection companies are assholes in those cases.
- 24/07/2018 11:29:16 PM
568 Views
Re: Yeah... banks and collection companies are assholes in those cases.
- 25/07/2018 04:31:49 PM
636 Views
Re: Yeah... banks and collection companies are assholes in those cases.
- 25/07/2018 10:46:51 PM
548 Views
I use checks from time to time
- 26/07/2018 12:39:51 PM
532 Views
Anyone can have a credit card machine. It's a small plastic square you plug into your iphone.
- 26/07/2018 03:22:29 PM
593 Views
The last check I wrote was $45 to the 14yo who mows the front part of a piece of property I own
- 27/07/2018 02:16:23 PM
541 Views
He'd have texted his bank account number, and I'd have sent a bank transfer. *NM*
- 27/07/2018 05:14:50 PM
305 Views
I would take a different approach with the collection company
- 25/07/2018 11:14:43 PM
614 Views
Well I know I don't want to pay a lawyer.
- 27/07/2018 02:27:49 PM
634 Views
I'm not suggesting that
- 27/07/2018 05:50:08 PM
528 Views
As soneone who ran a debt collection agency for about 6 years...
- 28/07/2018 05:38:20 PM
621 Views
Did you ever break anyone's thumbs? 
*NM*
- 31/07/2018 04:45:41 AM
324 Views
*NM*
- 31/07/2018 04:45:41 AM
324 Views
Yeah but off the clock and she begged for more :p *NM*
- 31/07/2018 04:49:20 AM
566 Views
Liar. Only two thumbs. Unless she begged you to break someone else’s thumbs... *NM*
- 03/08/2018 06:27:30 AM
321 Views