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Warning: Very, Very, Very Long
Hey girls, sorry I kept bringing this subject up without fully explaining what was happening, but I feared that someone could read this and make wrong use of it. Time has passed and things have changed, and the result is that I just don?t care anymore.
20 years ago- My mom- working as an insurance agent and my dad as driver at an adult day care.
10 years ago- A dream my dad had, owning an adult day care may become a reality, but they need a bit of help to get there. They decide to ask an uncle (my mom?s brother) if he would be interested in a partnership. He agrees (he has 6 children to support, and a wife who refuses to get a job). My mom puts ALL her past 10 years? savings, and my uncle who sell cars sells a couple of cars and they get started. ?..My father runs the business for ten years. My uncle receives half of the profits without working for 10 years. My uncle?s wife tries working at the center a couple of times but every time she tries to do it she refuses to follow the chain of command and dodn?t care of what my dad would tell employees to do, giving different orders all the time. It just never worked. She would tell my uncle and he would storm into the facility in an aggressive manner EVERY SINGLE TIME. She never managed to stay employed there for past two months.
Sometime in 2008- My mom has been saving these past years. They open their own day care without them this time to avoid similar conflicts.
December 2009- Uncle?s wife files for a divorce and files a lawsuit against my mom, dad, the partnership day care and my mom?s new day care. She wants it ALL. The lawsuit doesn?t go through because she is NOT anywhere in that partnership.
Mid 2010- My uncle goes back with her to calm her down and everything she is doing.
Around September 2010- My uncle goes to the dark side. Several offers are made to my uncle, he refuses them all. They want it all at no cost!
January 14, 2011- My parents finally pass the partnership day care to my uncle. They got their way. FREE?... Insults and the wrong attitude from my uncle, his wife and their lawyer are present at all times. A couple of day later, they need our help. What are the passwords? Hmm I don?t know, but I don?t want any problems. Here is the direct line, call and they will help. Days later, they want my dad to sign a note so that they can renew the building mortgage that they thought they had already signed for a few days before Jan 14, 2011. This had to be done yearly. Guess what uncle? You should have done your research before setting that settlement date. My dad will not sign. Uncle and his wife tell family that my dad will go to jail. Family = Panic mode. Not because my dad will go to jail but because uncle is about to lose everything if my dad doesn?t sign.
April 14, 2011- Court day?. Another lawsuite against my parents. This time, they want my dad?s signature. They want the court to order my dad to sing it. Uncle?s lawyer argues with lies, lies, and more lies! My parent?s lawyer, makes a request for witnesses from the bank and the day care accountant to be present at another hearing. Court accepts request.
Monday. Bankers are questioned. Bottom line, my dad and my uncle are responsible for the note that has matured and must be paid in full. The bank don?t care about my dad passing all rights to my uncle, they want the money. If my dad signs he is still responsible for everything if at a later time my uncle doesn?t continue to pay. Court?s decision? They don?t make my dad sign.
The building is now for foreclosure. My uncle and his family will lose everything. BUT there is another lawsuit coming for my parents. For what? Who knows?. But that?s for sure. I find it so sad that they would do all that to family. How could my uncle do such thing to his sister? Our family was always a close one and fun one to be around with. Now, it?s even hard going to parties because it?s so hard to even look at them without wanting to yell at them. I have no idea how they?ll react now that they realize they?ve lost everything. My dad didn?t sign those papers to avoid getting in more conflicts with them. The end result of all this I guess will be how it all got started?..a divorce.
Re: Warning: Very, Very, Very Long
Wow I'm so sorry to hear that and crazy that they keep dragging him in and they had to just give it up but better that they did.
I was going to ask what Nola asked is the current one they have will it be alright?
I agree he shouldn't have signed those papers..good for him. what a mess!
my family went through something similar.. My "aunt" (i dont refer to her as my aunt anymore) did some really shitty things to my dad and really did damage to the entire family. We havent spoken to her in atleast 7 years..
sorry this is happening.. ive sworn off ever thinking of working with family
I agree - money can come between the best of relationships and it's so sad.
Sorry you're going through all of this! It must be stressful for you. Hugs!
I agree. So sorry that your family is going through this.
THIS....& it sounds like pp said...what goes around, comes around. Good for your dad for sticking his ground and not signing. Seems like uncle shot himself in the foot on this one. Ha ha. But....real question, how are your parents holding up?
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