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Reply to "Parent expecting me to pay back parent plus loan"
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[quote=Anonymous]Ugh, people are missing the forest for the trees here! The real issue is that OPs mom is financially incapable and stubborn. She is clinging to a fantasy that she will maintain a very large house beyond her means, has not saved anything for retirement and is still making bad financial decisions. Her mom stopped making payments a year ago. Her mom lied to her telling her the plan all along was for OP to pay the loan. Her mom informed her via text. Her mom demonstrates that she will ignore something she doesn’t like, lie and pretend the situation is different and then refuse to address or discuss it. It is likely her mother will need or expect far more funds in the future. OP can’t bankrupt her own family bailing her mother out. Based on her mother’s previous behavior it’s likely to get ugly too as OPs mom will pretend, lie and avoid the issue. Paying off this 19 K debt that belongs to her mother may not be the best way to financially help her. [/quote]
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