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How to Repay Family Debt
Tweet Share on Facebook October 3, 2007 CommentDear Alpha Consumer,
To make a long story short, I borrowed $30,000 from my mom. I signed a legal agreement to pay the money back to her. I built a house leveraging the money and now have good renters in it. My mom died. We each received about $20,000 from her estate. That leaves $10,000, or $2,000 each, that I owe to my five siblings. (I did not sign any separate agreement with them.) One sister in particular could use some money. But I cannot afford to pay them. What should I do?














