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Substance Abuse
Shhh...it's "secret" GOOD NEWS!
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<blockquote data-quote="DDD" data-source="post: 550109" data-attributes="member: 35"><p>92025 as of now this is the "plan". First get his attorneys to recommend someone who can settle his debts so his credit rating is satisfactory....most of the debts are medical since he has no private insurance so goes to the hospital and they turn debts over to agencies for collection. I know there are specialists who negotiate and settle at x on the dollar but I have no experience with it. Secondly, he will repay a debt he owes his Mom and a debt he owes me. Next, he will find a car that is newish and dependable. Fourth he is going to buy a house. I'm not sure if I believe it is best to buy it outright or with a small mtg. I'm afraid that IF he pays all cash that he won't "remember" to pay the annual insurance premium and real estate taxes. If he has a small mtg that is PITI then if his Traumatic Brain Injury (TBI) messes with his head he'll remain safe.. I'm leaning toward the small mortgage with PITI on an auto withdrawal basis. Yes, our real estate market is down so he should be able to buy a home for under fifty thousand.</p><p></p><p>It's going to be tricky because he's 25 and I have to be careful with the fine line between "sharing info" and "pushing" him to choose wisely. on the other hand I think that he (and his girlfriend, sigh) will be better off with the bulk money spent and the monthly income available for ADHD choices. Yikes.</p><p></p><p>LOL, by the way, I suggested maybe Ace the wonder dog and his precious Grandad could live in the mother in law apt and I could just stay here. His response ?? "NO WAY, MAMA...just YOU!" (I'm sure he knows just like you all know that I'm not doing that but still think it's sweet.) DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 550109, member: 35"] 92025 as of now this is the "plan". First get his attorneys to recommend someone who can settle his debts so his credit rating is satisfactory....most of the debts are medical since he has no private insurance so goes to the hospital and they turn debts over to agencies for collection. I know there are specialists who negotiate and settle at x on the dollar but I have no experience with it. Secondly, he will repay a debt he owes his Mom and a debt he owes me. Next, he will find a car that is newish and dependable. Fourth he is going to buy a house. I'm not sure if I believe it is best to buy it outright or with a small mtg. I'm afraid that IF he pays all cash that he won't "remember" to pay the annual insurance premium and real estate taxes. If he has a small mtg that is PITI then if his Traumatic Brain Injury (TBI) messes with his head he'll remain safe.. I'm leaning toward the small mortgage with PITI on an auto withdrawal basis. Yes, our real estate market is down so he should be able to buy a home for under fifty thousand. It's going to be tricky because he's 25 and I have to be careful with the fine line between "sharing info" and "pushing" him to choose wisely. on the other hand I think that he (and his girlfriend, sigh) will be better off with the bulk money spent and the monthly income available for ADHD choices. Yikes. LOL, by the way, I suggested maybe Ace the wonder dog and his precious Grandad could live in the mother in law apt and I could just stay here. His response ?? "NO WAY, MAMA...just YOU!" (I'm sure he knows just like you all know that I'm not doing that but still think it's sweet.) DDD [/QUOTE]
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Shhh...it's "secret" GOOD NEWS!
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