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Reply to "Anyone following this Candice Miller/Mama & Tata nightmare?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How she not know they were living in a complete house of cards? Wouldn’t their fancy Manhattan rental and borrowed furniture have tipped her off?[/quote] I know people in her social circle. She knew.[/quote] Of course she did. How could she not? Do you know why she felt compelled to continue this charade and not pare back to a more simple life? Was her husband’s life worth it? [/quote] Agreed she knew and was spending wildly right up until the bitter end (when her credit cards were declined and her husband was dead). [/quote] I think she must have known - this reads like an attempt to create plausible deniability but it isn’t possible. Their boat was repossessed and she tried to charter it. If her husband had to borrow $1000, there were so many signs. Cards were getting declined left and right. Help would’ve been going unpaid. I seriously doubt the trip was prepaid and there’s no way she would’ve thought it was. When you owe like they owed, lenders would be blowing you up. I’ve missed a credit card payment before and they will find you. Calls emails letters. You are on notice. What it also likely true is that they lived in debt but expected great upswings like a lot of real estate investors do. But they had no risk tolerance because they had no assets. The most wild thing about this whole story is their only sort of assets were the apartment in NYC which was leveraged to the hilt and the home in the hamptons. But they had no equity in either place. They were completely broke. [/quote]
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