Hi anyone been "ripped-off" by witnesses?
Here is my experience:
Was married with my wife 4 mths pregnant, when my Father-inlaw ( Who was dying of Asbestosis ) offered for us to join with them in building a new house. It sounded like a good idea to be able to own our own home. He got a pay-out of $500,000 and bought the land. We all helped in building this massive house on 1 and1/2 acreras ( Cannot spell! ). Basically, it is 2 houses joined together by a common room.
The plan was for my family to live on in one side and the Mother-inlaw to live in the other. The house was nearly finished, when my sick FILaw said " Jase. We have run out of money and we need you to take out a loan for $100,000 to finish it. I have a property down south, when it sells we will pay it out, then you can just cover the expenses per week" I took his word ( was 24 at the time) and my wife and i got the loan.
Three months later my Brother-inlaw ( In Behalf of his dad ) asked for a further $20,000 to do the driveway. He promised to help pay this debt. I did this, and it wasn't in writing. The Father- inlaw died, the debt was never paid.
On the title deed - the M/inlaw has 97/100, my wife, me and B/inlaw for 1/100 each as ownership.
Now, we have been struggling to pay this "small amount" for 8 yrs. I am now DF'd and the in-laws are all JW's. My wife has taken sides with her Mum and i am finding it impossable to live here anymore. I am an outcast. Period.
Yet, i am still trying to pay the Mortgage, the Rates, Water, insurance and maintaining the property as best i can.
Why? For a 1/100 interest in the property?
Anyway, told my wife i am leaving. Now we are faced with Bankruptcy and Solicitors/Lawyers.
Yes i was naive, maybe stupid. However, i trusted the word of a christian. JW's are always honest right?
The property is worth $800,000 and i have given my in-laws a nice free ride. That ride stops now.
FF