Re: Daughter's House in Foreclosure
So sad. I wouldn't loan them anything. If you give them money, make it a gift. You probably will never see it again. The best way you can help them is to give them the book by Dave Ramsey called Total Money Makeover and work with them as they go through it. It made my marriage and life a lot better and we are now debt free after a lot of hard work!
They are probably going to lose the house. If you wanted, you could do something like rent them a storage unit for their furniture and get them a moving truck. They are going to have to start from scratch and pull themselves out of this one. We had to. It will make them stronger in the long run and they will respect money more after it is all over.
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