To whomever reads this, I thank you….
I’ve had a great married life with my wonderful husband and his three kids. Up until the end of 2021 things were almost like a fairytale for me. I have this wonderful family, I’m a homemaker, my husband has a good job, and had a good business, which was helping pay off most of our debt. I couldn’t have asked for anything more.
At the end of 2021, on the very last day of the year, the business came crashing down, and all money invested was lost. The biggest problem was (is) that we had investors with so much of their money in the business, and now it’s all gone. The total amount of money for the investors is about two million dollars; however, the biggest investor, alone, had about one million dollars invested. This seems to be the kind of person that will come after me and my family if not paid back by the end of summer of this year, which is just about five months away.
We have tried to find solutions to pay everyone back, not even caring about the money we personally lost, but we are running out of time. We are back in debt with loans we have opened, including an equity loan on our home; looking into selling our life insurance policies; using the reserves we had for paying bills, which we are now growing credit card debt; and I’ve even thought about the possibilities of my family just getting the money from my life insurance policy “should something happen to me.” On top of everything, we will end up having to pay a lot on our taxes, which we don’t even have the money to do so. I have no idea how we’re going to get through that. Plus, any lawyer fees for when investors try to sue the business for monies lost. 🤦🏻♀️
We have nearly exhausted all of our options, and have thought about selling our home, relocating in the sense of “running away”, all because we are desperate and fear for our lives.
I came onto this site in hopes that there are people out there who are generous enough to help us out of this fearful situation. I would really hate to have to take the kids out of what they know and away from family, but I also don’t want anything bad to happen to us. I just wish there was, at least, a million people who could donate even just $1-$2.
I know this might not get any response, but I do appreciate the time anyone takes to read this. If there are ANY other solutions someone can help us figure out, I’ll take any and all advice! Please, and thank you. 😭🙏🏻