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Join Date: Oct 2005
Location: houston, tx
Posts: 7,261
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paying back an old debt
10 years ago my current wife and I were in a custody battle for my daughter from my first marriage. My former father in law was a surgeon with deep pockets and he funded my ex wifes legal expenses. I had to ask my family and also my wife's family for money. My current wifes family contributed 1000 dollars to help with the legal expenses.
During the course of an lively discussion about money, my wife reminded me of her families contribution. I had truly forgotten about it until that moment. Her mom and dad could really use the money now as they have both retired and the economy has taken its toll. I would like to pay him back but don't want to make a big show of it and it is not even neccessary that he knows. I am not sure he would accept the repayment at this point. Any suggestions on how to give somebody a thousand dollars? Scott
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the unexamined life is not worth living, unless you are reading posts by goofballs-Socrates 88 coupe |
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10-15-2010, 06:46 AM
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New kid in town
Join Date: Nov 2001
Posts: 2,288
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I would write him a nice note about how much you appreciated his generosity and put the cash and the note in an envelope and hand it to him. No need to make it a big show, but the note and repayment will be appreciated.
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I wish I still had 9111113443... |
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10-15-2010, 06:52 AM
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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,943
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Quote:
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2013 Jag XF, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB |
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10-15-2010, 06:55 AM
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Registered
Join Date: Aug 2002
Location: MD
Posts: 5,733
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Low key, one on one. Just a handshake and thank you and cash.
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10-15-2010, 06:58 AM
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Friend of Warren
Join Date: Oct 2000
Location: Lincoln, NE
Posts: 16,495
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Definitely cash. He may not cash a check if you give it to him.
And in the future, never forget a debt!
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Kurt V No more Porsches, but a revolving number of motorcycles. |
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10-15-2010, 07:04 AM
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not as smart as I think
Join Date: Oct 2006
Location: Northern California
Posts: 769
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Don't forget a reasonable interest rate.
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1978 911SC stock-SOLD 1985 911 Carrera Stock |
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10-15-2010, 07:33 AM
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Registered
Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 37,787
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BTW, kudos for intending to pay back the loan. I have one for the same amount that went stale years ago, in fact, the last recession. |
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10-15-2010, 07:37 AM
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Make Bruins Great Again
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It would be good to add interest (at least savings account rates) as well. For example, $1000 at 2% compounded interest for ten years would have earned $221.20 Savings rates used to be higher than that and of course they are now lower. Its not a lot but they could probably use it. Talk with your wife about how would be the best way to do it and be sure to thank her for remembering.
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-------------------------------------- Joe See Porsche run. Run, Porsche, Run: `87 911 Carrera |
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10-15-2010, 07:43 AM
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give them a $2000 gift. dont even say what it is for.
a chinese person would stuff the brandnew bills into a decorative red envelope and hand it over. they would get cash and luck. win-win!
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poof! gone |
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10-15-2010, 08:12 AM
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New kid in town
Join Date: Nov 2001
Posts: 2,288
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If you want to go the gift route, give them 1k in cash, and send them on a $1k vacation or something like that.
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I wish I still had 9111113443... |
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10-15-2010, 08:20 AM
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Quote:
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poof! gone |
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10-15-2010, 08:25 AM
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Can you (or your wife) get your hands on his credit card number?
$1000 off his mastercard debt is a nice surprise, and he can't knock it back.
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(As for) Michael Moore:Calling that lying liberal POS propaganda a documentary is like calling PARF the library of congress. I knew it would happen, just not so soon........... |
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10-15-2010, 10:23 AM
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Max
