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The Ramsey Show Highlights

“You Should Have Never Done This”

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 15 January 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

📱Download your free Ramsey Network app today! 💵 Start your free budget today. Download the EveryDollar app! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.3

So my question is, how do my husband and I navigate the very strange relationship we now have

0:11.8

with his family after multiple instances of disloyalty and dishonesty? So my father-in-law need to

0:20.4

repay a loan of $100,000 to us and hasn't done it yet.

0:24.0

It's been two years now.

0:26.0

And four months ago, the in-laws and my husband wanted to start a new business.

0:31.1

They actually own a family business.

0:33.2

And that was around the time when we moved into our new home.

0:36.5

They saw the house and a couple of days later asked my husband to put our house up as their

0:42.1

loan guarantee for their new business, as it was worth around $2 million.

0:47.2

And, oh, my husband wouldn't be the business owner, but just an employee.

0:52.7

So since then, the relationship...

0:54.9

I assume your husband said no.

0:58.0

My husband went...

1:00.1

He was so angry.

1:01.7

He said, not only no, but now pay us back $100,000 straight away.

1:06.2

And now he's just keeping distancing himself from them,

1:10.1

which I totally understand. but how do we navigate

1:13.2

this situation? How do we get the $100,000 back? I have no idea. Wow. When the, uh, is there any

1:22.3

documentation or legal contracts on the $100,000 or was this a handshake?

1:29.1

Oh, no, when we did the bank transfer, it literally showed up as loan to X, Y, Z.

1:35.9

That doesn't matter.

...

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