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-- rough start with Tulsa Oklahoma and that's going to be sharing.
Hi Sherri welcome to the Dave Ramsey show how are you this evening.
Good evening day thanks for taking my call sure what's up.
I love my daughter about 53000 last year to start a business -- -- doesn't really get well she like press that 145060.
-- has over 800 new clients or employees.
And you guys have about 30000.
And then 24000 -- -- the problem is I could at all on credit cards for the fact that business.
If you going mainly -- payment.
And I'm mama cook security in -- -- kind of hard for me to make the -- to -- not paying me.
The good people -- really bad mom because I shouldn't call -- that debt that the people think of a wonderful mom -- like it burglary opportunity.
And me and I'm really kind of struggling right now because I can't even -- pay my -- you know -- security income home and trying to pay heard.
And I thought oh really what I should do it should I checked Colin alone should just try to keep struggling and try to -- -- right -- payment on my Hilo.
Think chemical that try to do some older you.
I'm 62 -- are you retired.
Yet are you married.
Yes there's I'm retired.
Yet he's 68 Q what's your household income.
Well not very match.
We just live on.
Upload everything and that's about it about thousand dollars of what -- -- security in the thirteen -- -- what I think you are is a very sweet lady.
Who was trying to do a very nice thing for her daughter and in the process to the very stupid thing.
This deal should have never been done.
I know there was not a blessing to her is not a blessing to you and and it's already driving a wedge in your relationship.
-- as soon while you were trying to do.
Very nice thing you do -- stupid thing so now how are we going to clean it up more you know an awful lot about her numbers how to you know that.
How well because I'm.
Stricter on LOC bet and I -- for the first four months to try to get hurt going to make plays better on the LLC.
Doubt that she's the sole owner I have written that we're -- like president and co owner.
So when you shut down as the treasurer and the finance here and the venture capitalist of this and say I want my money back.
And you haven't been paying me what does she say.
And she says -- taken me off LOC.
How -- reaction to you wanting to get paid is she gets -- Yes yes.
Yes and and then he said yes we need that many and we know we're gonna pay it -- It is gonna have to wait on that and I'm like well I have waited and I know -- -- -- making it you're doing a good job on this -- -- -- -- -- to them.
If something has.
I'm going I don't know they were borrowing that some credit cards and they're going to have to pay the payments.
Yes they -- do you have anything in writing.
Yes I did I what is the right and what isn't written agreement say.
It just says that they LB you know 53000 and that they'll pay -- -- -- -- -- -- And they haven't been.
Right that's why.
Haven't they been paying what they said they were going to -- Well if you don't expect an excuse like -- -- that the that the.
Out figuring out how to make sure your -- since the start of this and it's been stupid since the start we've covered that.
-- so when you look at her and her husband you and your husband's sitting across the kitchen table from our.
And -- darling you promised to pay 500 dollars a month.
You knew that your dad and I don't have 500 dollars a month.
Support this we have to have you pay this bill or you are going to bankrupt us.
What would she say.
Well and that's kind of where we are and we actually cut it said that Pete -- -- -- -- -- -- And we actually -- senate which Rangers delving into free and sweet.
I know I -- You know I -- put in my daughter to have.
Your avoidance of conflict is causing conflict.
-- -- I know I just I just feel bad because -- really want heard you really what it is that the that the great opportunity and I.
Didn't want to put a -- and had a unit.
You didn't have the money to help -- I don't.
And so -- that this is a bad deal and all of you need to say it out loud this thing is a person is not a blessing.
That's true it is -- -- Yeah what and I feel really bad because it's really -- -- bad wedge between our relationship.
Well what I would -- if I woke up in your shoes as I would call a meeting with the foreign portion coffee.
And start out by the saying I love you and I think I -- in a terrible mistake.
Because my daughter who I love very much is now stretched and strained because of borrowers slave to the lender.
And now she doesn't even want to have dinner with me because our relationship has changed over 53000 dollars if I have the money.
I would pay it -- and forget it because I was stupid to have done this however darling if you don't pay this 500 dollars a month.
I can't and I won't have to go bankrupt and your -- and -- don't lose our home.
Is that what you want because you are going to have to pay this money monthly it's not me being a big -- It's mean begging you to help me now because if you don't help me by doing what you said you were going to do with the start of this.
I am going to lose everything.
Yeah sure I can you do that.
-- the question.
And I think you'll see her husband come around I think your daughter from -- out.
But I think her husband might be a man.
And he'll probably come around and explain -- his wife.
That -- really doesn't want -- -- her conscience that her parents go bankrupt and lose their home because she didn't follow through on our integrity.
She has the cash coming into this to support freaking 6000 dollars a year in cash flow to pay your minimum payments.
And then if she really gets upset hey don't get a loan and pay me off.
And then we'll all be in better shape.
Yeah I think that would be the greatest thing is that we'd all be out of that it'd be happy either.
But I don't think she can't I don't think she's bankable I don't think she's gonna find that -- but if she can find one boy that would be a great answer.
But in the -- time until that happens.
Every single month you need to pay me the 500 dollars or I'm going to call you that game that you don't pay me.
We'll call you every day until you do pay him a treat you like a bill -- just because guess what -- any credit card companies are calling me.
For some reason they want their money.
And I have to pay it and some darling you have to you have to lean -- -- for the first time maybe ever.
All right let's check --
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