Yeshe Turbocharged April 1, 2011 Share April 1, 2011 (edited) If this happens to u. Your wife's ex suddenly called her and said that he has loan a sum of $5k to her father 10+ yrs ago and now wants the $$$ back. After verification with her father, the loan did take place. So the guy demands the payment of the $5K immediately as he has urgent need. For me, its a damn TL thing. whole life only people owe me $$$ and dun pay, now someone related to me owes someone else $$$ and i have to pay om behalf Edited April 1, 2011 by Yeshe ↡ Advertisement Link to post Share on other sites More sharing options...
Kiadaw 6th Gear April 1, 2011 Share April 1, 2011 Owe money, pay money meh. TL or not, it should be honored, IMO. Link to post Share on other sites More sharing options...
Darryn Turbocharged April 1, 2011 Share April 1, 2011 Yep pay. The guy borrowed the money, why wouldn't I pay? Link to post Share on other sites More sharing options...
1fast1 Supersonic April 1, 2011 Share April 1, 2011 (edited) If this happens to u. Your wife's ex suddenly called her and said that he has loan a sum of $5k to her father 10+ yrs ago and now wants the $$$ back. After verification with her father, the loan did take place. So the guy demands the payment of the $5K immediately as he has urgent need. For me, its a damn TL thing. whole life only people owe me $$$ and dun pay, now someone related to me owes someone else $$$ and i have to pay om behalf I'd pay if and only if the following conditions are all met: 1) Your FIL (father in law) is incapable of settling the loan by himself. 2) He has no other children (especially earning males) to support him. 3) Your wife is not working, or is earning too little to pay on her father's behalf. If you're paying up on behalf of the FIL, you should also find out why the loan was made - was it for an "honest" purpose like starting a business, etc. or was it to gamble? And is there a chance this sort of situation will recur? You should put your foot down and state categorically that this will be the first and last time for this sort of thing. All the same, I'm surprised the creditor is not asking for interest. 5k for over a decade can generate a fair bit of interest. Even 5% simple interest over that period comes to 2.5k. Lucky the fella is not so calculative. Edited April 1, 2011 by Turboflat4 Link to post Share on other sites More sharing options...
Yeshe Turbocharged April 1, 2011 Author Share April 1, 2011 I'd pay if and only if the following conditions are all met: 1) Your FIL (father in law) is incapable of settling the loan by himself. 2) He has no other children (especially earning males) to support him. 3) Your wife is not working, or is earning too little to pay on her father's behalf. If you're paying up on behalf of the FIL, you should also find out why the loan was made - was it for an "honest" purpose like starting a business, etc. or was it to gamble? And is there a chance this sort of situation will recur? You should put your foot down and state categorically that this will be the first and last time for this sort of thing. All the same, I'm surprised the creditor is not asking for interest. 5k for over a decade can generate a fair bit of interest. Even 5% simple interest over that period comes to 2.5k. Lucky the fella is not so calculative. 1) incapable (retired) 2) have a son 3) wife working parttime loan was taken to settle debts from biz failure. there wasnt any evidence loan was made, so he cant ask for interest. Link to post Share on other sites More sharing options...
Jman888 Moderator April 1, 2011 Share April 1, 2011 that guy also CMI, 10 years ago still want to come back and ask.... Link to post Share on other sites More sharing options...
1fast1 Supersonic April 1, 2011 Share April 1, 2011 (edited) 1) incapable (retired) 2) have a son 3) wife working parttime loan was taken to settle debts from biz failure. there wasnt any evidence loan was made, so he cant ask for interest. Sorry - what's the usual arrangement for FIL's support - does he stay with son? Does your wife contribute to his usual upkeep? Does his son earn enough comfortably to cover this, or not? Can your wife bear part of the burden, with you chipping in also? You don't owe me (or anyone else on this forum) an answer to these personal questions, but I suggest you think about them for yourself and come to a rational decision. My motto has always been "Neither a borrower nor a lender be" - and I have my dad to thank for drilling that into me from a young age. Edited April 1, 2011 by Turboflat4 Link to post Share on other sites More sharing options...
Darryn Turbocharged April 1, 2011 Share April 1, 2011 that guy also CMI, 10 years ago still want to come back and ask.... I'd imagine it's probably not a case of "want" but rather "need" which does kinda influence my decision a little.... if he's desperate enough to look up a 10 year old debt, something is probably going pretty bad in his life. Link to post Share on other sites More sharing options...
Csnewbie 1st Gear April 1, 2011 Share April 1, 2011 I'd imagine it's probably not a case of "want" but rather "need" which does kinda influence my decision a little.... if he's desperate enough to look up a 10 year old debt, something is probably going pretty bad in his life. not quite true lei.Japs still feel something towards US after decades(Atomic bomb issue) but japs are doing quite well lei. Link to post Share on other sites More sharing options...
Csnewbie 1st Gear April 1, 2011 Share April 1, 2011 why they changed MCF layout lei. Link to post Share on other sites More sharing options...
Yeshe Turbocharged April 1, 2011 Author Share April 1, 2011 I'd imagine it's probably not a case of "want" but rather "need" which does kinda influence my decision a little.... if he's desperate enough to look up a 10 year old debt, something is probably going pretty bad in his life. u are right, he needs the $$$ to settle some ahlong debts Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear April 1, 2011 Share April 1, 2011 u married the person u inherit the fortune, if there is, and debts...... for you...... there it is.... Link to post Share on other sites More sharing options...
Kyrios Turbocharged April 1, 2011 Share April 1, 2011 Under the law there is a lache defence..more than 6 years..no claim will be recognised... Link to post Share on other sites More sharing options...
Jman888 Moderator April 1, 2011 Share April 1, 2011 moral of the story for man: please check with your wife if she has any ex that lend money to her or her family or relative.... Link to post Share on other sites More sharing options...
Xspace 1st Gear April 1, 2011 Share April 1, 2011 moral of the story for man: please check with your wife if she has any ex that lend money to her or her family or relative.... Hell yeah man!!! [knife] Link to post Share on other sites More sharing options...
Park88 1st Gear April 1, 2011 Share April 1, 2011 that guy also CMI, 10 years ago still want to come back and ask.... [/ you obviously have never experience bank before 50 years later also will hound you anyway a loan is a loan especially if it is agreed by both parties that it is true if you dont honor it then how people gonna trust you people always say becareful when you marry someone you actually marrying the whole family including the family dog no choice Link to post Share on other sites More sharing options...
Cutebeat Clutched April 1, 2011 Share April 1, 2011 pay her ex?ask her ex to pay for all the bonking session last time.if not,everything is fair and square. Link to post Share on other sites More sharing options...
Jman888 Moderator April 1, 2011 Share April 1, 2011 you obviously have never experience bank before 50 years later also will hound you anyway a loan is a loan especially if it is agreed by both parties that it is true if you dont honor it then how people gonna trust you people always say becareful when you marry someone you actually marrying the whole family including the family dog no choice what bank are we talking about? I would say dun need to pay at all, you so kind you go pay for TS lor 还是人情，不还是道理！ ↡ Advertisement Link to post Share on other sites More sharing options...
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