Be pro-social
My dad points out that if I cannot repay the loans he cosigned, he will have to pay $82,094.00. He mentions that he will be 78 years old when the loans are repaid but he does not mention my warnings to him or my disabilities.
I remind my dad, Dan Hogan, that I tried to have a conversation with him about finances before there was a crisis and that he refused to discuss anything. For context: I had already been homeless for six months at this time.
My dad did not talk with me about options for 21 months, but he did demand that I do as he commanded in less than 24 hours. His company’s slogan is, “DEVELOPING PEOPLE AND TEAMS THAT WORK!”
My dad finally wants to talk about finances. Of course, the talking is unidirectional, and he includes my mom in the email even though she has nothing to do with the situation.
After a very long series of emails, my dad, Dan Hogan, makes two very important statements, “I need to … mentally / emotionally let you go.” and, “if that means you default on your loans so be it”. He cosigned some of the loans.
My financial situation is poor, but I have not yet defaulted on any loans. Nevertheless, I warn my dad, Dan Hogan, that he should look for ways to protect himself from liability if my financial situation worsens.
Because my dad, Dan Hogan, had co-signed some loans for me, and because my personal finances were shaky, I sent an email to my dad about my finances and my plans–even though he had never asked me to do that.