I'm tired of my deadbeat dad and brother, they have absolutely no respect for paying back debts?

Question

Today, before my shift at work, I answered the door and was greeted by an officer of the court and another guy who wanted to seize my brother's luxury BMW. It seems he didn't pay back $30K in credit card debt he's owed in since forever, and they were finally here to take an asset he owned to make good on it. He flakes out and starts calling a lawyer, and the repo/court officer people call the local police. I'm totally embarrassed and in the middle of this while these guys are threatening to take all my stuff too, which I knew to be complete bull. My brother works jobs brokering deals, but while he makes enough money to live on, he'd rather live at home and buy things like...a luxury BMW, without paying his bills off.

My father is a man that earns six figures and is pretty much certain of being employed. He runs up debt like crazy on his credit cards and is voluntarily working erratically and destroying his credit. He even almost ran our house into foreclosure, as in getting seized.

I'm a college graduate that is having a hard time finding a career job. I currently work a job that is below my means, but I'm honestly paying my bills and making do. I'm disgusted that my brother and father are complete degenerates at paying bills and maintaining fiscal responsibility. I have had disgusting people burn me on money I've owed to them and I feel sympathy for these creditors out there when they pursue deadbeats, like my family.

I don't make enough to live on my own, but I feel threatened by the financial instability in the house. Does anyone have close "loved" ones that are complete degenerates when it comes to paying back others?

Answer 1

Yes, I do have loved ones who don't pay back others. I've also had a family member run my credit in the dirt before I was even 18. Thank God I've gotten it taken care of. I am in college now and with the help of my grandparents it sort of makes things easier, but I cant find a job to help pay for school. I dont know why people who have money s***w things up. The family memeber didnt even try to help with my screwed credit.  I hope everything turns out for the best and keep your head up.

Answer 2

My dad is exactly the same. He'd rather spend money on something he needs rather than give my mum child support which means me and my brother aren't getting the best possible because my mum is having a bit of a hard time making ends meet. When he gives child support he gives £30 a month even though it was agreed out of court he'd give £100 which isn't enough anyway. Before he left my mum's house when they divorced he remoraged the house and now my mum have to pay it all back because it's only her name on the deed now. The remorage was to pay for his debts to his parents.

Answer 3

your brother obviously learned bad financial habits from your dad.  im glad to hear that you havent gone down the same path!

i would try to save up enough to move out.

regarding having people not pay back money you have lent, i would stop lending money out immediately.  no matter what they say to try to guilty you into lending money, i would say "i would help but i do not have enough to be lending people money" and keep repeating this phrase as many times as needed.  other:s money problems are not your own and you do not have to be held responsible for any of it.

i hope you can remove yourself from this environment soon.  i know it sucks to have to watch all this c**p going on when you just want a peaceful life.