Acura World banner

1 - 14 of 14 Posts

·
Registered
Joined
·
8,330 Posts
Discussion Starter #1
i jsut found out yesterday that my dad gave $100k ( :eek: ) loan to some guy and the guy past away. what happens in a situation like this? im pretty sure there was some contract involved.
 

·
Fire-Breathing Femme
Joined
·
6,081 Posts
mikester said:
His estate is responsible for the money if you have a contract.
Right - and only once major creditors are paid off (i.e., mortgage, bank loans, etc.).

Unless your dad took out life insurance on the guy, he's likely out $100K. :(
 

·
A dirty,foul,little boy!
Joined
·
27,527 Posts
What's your dad's #.....I could use some $$$!
Anywho, he better have had a contract and like Mandi said....the creditors come before anyone else so you better hope he wasnt in any financial trouble.
 

·
I prefer the Deep South..
Joined
·
30,140 Posts
damn!!! unless your dad has a piece of paper w/ the dude's signature on it saying he borrowed 100k, or else your dad's SOOL

btw, can i borrow 100 bucks?
 

·
Registered
Joined
·
8,330 Posts
Discussion Starter #11
well, i overheard that some lady (im guessing his wife or someone closely related) is in some trouble with the law somehow. i have no clue what kind of trouble it is though. my bro told me the guy was doing pretty well so i dunno if he had any other debts to pay but then again if he didnt have any, he wouldnt have borrowed from my dad.
 

·
I prefer the Deep South..
Joined
·
30,140 Posts
if he's doing well, he won't need 100 grand. if he needed the money for something legit, he wouldn't ask your dad. he would go to a bank.
 

·
Registered
Joined
·
1 Posts
I think that bad credit history is a very bad situation right now.
Also if you don't have any money right now.
I these situations you should try some fast loans.
I am from Florida and can say that payday loans in Florida online is the best exit.
 
1 - 14 of 14 Posts
Top