Money has the potential to cause rifts between family members. That’s why it’s often said that you shouldn’t loan a close relativemoney, or if you do, to never expect it back. But, if you’ve made the mistake of mixing finance with a relationship, it’s important to have your back first before you look out for others.
If you’re confused about how to do that, take a page out of the book of this contractor who got his money back with interest after his schemingbrothertried to skip out on paying him.
More info:Reddit
Guy who goes out of his way to help his brother with home remodeling work at a discount has to put a lien on his brother’s house after he refuses to pay him for his work
Image credits:Rene Asmussen (not the actual photo)
The poster shared that he worked on remodeling several rooms in his brother’s house and only charged him $32,000, which was a sizeable discount
Image credits:AlphaTradeZone (not the actual photo)
His brother never ended up paying him and kept making excuses, so since the author was forced to pay for the material and labor, he put a construction lien on his brother’s house
Image credits:Karolina Grabowska (not the actual photo)
2 years passed and his brother still hadn’t paid, but he was stuck because he wanted to get a new house and sell his old one and the lien was the only thing stopping him
Image credits:Plus-Neighborhood584
The guy eventually had to pay his brother back with interest and took out a line of credit to make it happen
After all that time, effort, and labor, his brother kept making excuses and did not pay him back a cent. It might seem shocking, but asurveyon money lending found that people roughly borrow as much as $184 billion annually from friends and family. Borrowing and lending isn’t the issue; research has shown that around 15% of siblings haveconflicts about moneyand around 33% have problems with the repayment of debt.
Alienprotects the rights of the contractor so that they can get compensated in cases when there is a breach of contract. The poster smartly decided to hold his brother accountable for his actions. But 2 years passed and he was still not paid, until the brother decided he wanted to sell his house and get a new place. The guy was stuck because of the property lien and asked the author to remove it.
Image credits:JESHOOTS.com (not the actual photo)
A lien of any kind makes it difficult for people to sell their property. Amortgage lienmay be easier to handle because the person can still sell their house and use the sale proceeds to pay off the debt. Another thing to note about liens is that they can affect yourcredit scoreand your ability to qualify for new credit. The brother should have known that racking up serious debt and leaving it unpaid isn’t legal.
The siblings’ parents also got involved in the whole situation. They offered to pay the money back on their son’s behalf. But when the poster decided with hisparentsthat their inheritance should not be touched, his brother was forced to take out a line of credit and repay his debt. Even though he eventually sold his house and got more than his asking price the man was still annoyed at the author for the lien.
As it seems to be proven time and time again, money matters have the capacity to wreck even the bestrelationships. Here, the author went out of his way to help his brother and ended up in a fix when his money was held hostage. Netizens felt he was smart for putting the lien on his brother’s house because it forced him to repay his debt. The viral post got 19k upvotes and left people ranting about the sneaky brother. Do you think the poster could have handled this situation differently? Let us know if you have a different opinion.
People were outraged on behalf of the author and applauded him for how he managed to get back at his brother
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