I am staring this campaign to help my son. He does not know I am doing this.
My son works hard and has always had a job but bad luck and bad choices have been big problems. I hate to see my son go through these hard times because he is a good person who does not smoke, drink or use bad language.
Credit card debt is basically destroying the budget especially when he is supporting off and on a female friend and her children. The plan was that the female was to get a job to help pay the bills but that did not materialize during that particular time period.
My wife and I love these children like our own grandchildren and have bought food and clothing among other things for them. One actually lived with us for at least a year. The mother and children now live with relatives. We are good friends with family and that will not change.
Now back to my son. He got into credit card trouble trying to keep everyone happy and paying these monthly charges is becoming difficult. My wife and I have helped him all we can. I figure his credit card debt is about $15000.00 but could be more. I would like to get this paid off and also give him enough to cover three month’s expenses. This would help greatly.
I would also like to get my son a better car since he was involved in a vehicle accident couple of weeks ago. He was not hurt except for some minor back pain. The accident was not his fault. He has always had very used and not so dependable vehicles except for the used vehicle that my wife and I gave him which is the one that was wrecked. Insurance company has not settled yet. I lent him our spare vehicle to use until then.
My son is trying to sell his house and move closer to the area he was raised in. The house needs some repairs including a heating issue in order to command a good selling price. In this economic atmosphere, one income has proven very deficient in paying for a house just by itself. My son was told this but he was determined to make it work.
My son is basically living day by day financially with no real assets to mention since he had only been in his house for one and a half years. The used vehicle is wrecked which may be totaled out comparing value to rebuild cost. He does not have a pension saving plan. If I can get him enough help with the credit cards and vehicle, then maybe I can help him with better choices.
I would like the money to come to me, his father, so I can pay the income tax and then consult with the proper authorities to get the money to him with minimal tax implication. I am not hard to find since I live in a small town and have worked with Government almost twenty years before retiring.
To be upfront, I figure my son is $125,000.00 in debt counting mortgage and credit cards. His vehicle is wrecked and operating with one I lent him. The house probably needs $10,000.00 in repairs and all this is an estimate because again it is his property and he doesn’t know I am doing this.
Thank you for your time in reading this. Any amount will help. My PayPal link below: