Son Went Bankrupt And We Lost Our House! 

I don't know how her son sleeps at night!!!

Losing the house is terrible but not even close to the pain of having a son that is a horrible person :(

People assume being a veteran means you have character or values. Very naive.

This is why I’m never co-signing for anyone no matter what!

The worst part is that he told her not to go the hearing and she actually listened to him. She should have never listened to him. The judge could have intervened on her behalf.

I don't get it....his wife said they'll never pay the debt back, and the son said he was out of their lives forever! Why? His disabled, unemployed parents gave the only thing they had to give and he loses it....and he's out of their lives forever?? What a shmuck!

How can the son live with himself! I hope they've changed their wills and their insurance beneficiaries.

My father has always said, “don’t loan money to people. If you want to gift it to them, that’s one thing (and a separate issue altogether). Never give someone power over your money.

I'm with the step dad, take him to court.

WOW what a betrayal.

Bless her heart. Seriously.

forgive the debt but write him out of the will

Darn youtube autoplay. This video just broke my heart. I'm literally sobbing for this sweet woman.

My mom is a very giving person, and it's always a fear of mine that people will try to take advantage of her kindness as she ages. So, we're in constant contact, and I've had to intervene a couple times recently. It's heartbreaking that this woman's own son would be one of those people and to such a degree. Just sad.

Why would the SON tell the mom that HE’S out of HER life? What in the eff is wrong with this kid?!!?

Heart wrenching. Honor thy mother and father.

This is probably the saddest story I've heard on Dave Ramsey.

Wow so heartbreaking that a son would do this to their parents. Its absolutely disgusting he would do this to his mom.

The son already said he’s out of his parents life before they even do anything against him in other words he’s playing victim without the right to. The parents should really sue him

What kind of guy does this to his own parents?

It amazes me how kids are so disrespectful to their parents today & just take them for granted.

New adage: "Blood is thicker than water, but not thicker than gold."

Sue him

This happened to my mom, who cosigned a loan for my older brother. Don't trust the banks, the way the bank did the loan should be considered a felony. Also know when to tell your kids no. I tried to talk my mom out of doing this, but she did it anyway.

Oh my. That poor woman. My heart just breaks for her and her husband. :(

My advice to you would be to not let your son know where you live and have someone pass information that you won the lottery for a million, so he would get so mad about it.

There are times when Dave Ramsey says the perfect thing, and I think this case was one of those times. Bless his heart. He is definitely a God-lead gentleman.

Nearly 5 years later, I hope Jenny and her husband are doing ok ❤️

Incredibly difficult and emotional situation that Dave was able to give a very rational response to on the spot. These videos help me with my own internal voice when dealing with complex issues.

I would do anything to make sure my mom was made whole in this situation. Be a man and work 4 jobs.. whatever it takes.

Finances and friends/family will almost NEVER turn out 100% perfect. Someone will end up feeling used

Go to Judge Judy! Son signed a promissory note. She can still take him to court.

How could anyone do this to their mother? And why has the son told her that she’s out of his life that’s so crazy! He exploited her!

What a worthless son to file bankruptcy makes his mother lose her home, won't pay and then tells her that he's out of her life. Who does that to their mom!

Heck, her son cost them their paid for home. Now they will have to pay rent for the rest of their lives. I would have sued the son as the relationship is done anyways most likely.

i will not say what i would have done to him, but picture this, long pause me in prison.

How heartbreaking. I have a 1 year old son and I’m just imagining how horrible it must be to be betrayed by your own son 😰😥

Sue his tail off mom.get what you can.he already disowned ya.his wife sounds like she has no conscious either.the audacity of some people, just unbelievable. Good luck mom you sound like a sweetheart.

So he loses his mother's home, and then tells her he's out of her life anyway. Wow, man. He can't be well, this son of hers. He must be sick. That's crazy.

Family will do you so dirty.

Wow how sickening. How could someone do that to their parents.

This should serve as Exhibit A; as to why you should never co-sign or collateralize your property for anyone, period! Man, how can someone do this to their own parents?

You can hear the pain in this sweet old ladies voice. Its heartbreaking to hear and as a fellow combat veteran its disgusting one would do this

Man, I would give my life for my MOM, what a sad story!

The filming of this episode was awkward, a sad story with happy people taking pictures...really

It sounds like the wife was quite happy to see her in-laws taken for a ride! Oh well, the chickens will come home to roost sometime sonnie.....

Such a betrayal, but you gave great advice. Let go and let God.

What a beautiful sentiment! Proposing forgiveness for the parent's sake. Resentment/hate is a poisonous burden that no one should carry for very long -- forgiveness is the best remedy for it.

i would disown my kid of they pulled a stunt like that.

When your kids go off to fight in totally unnecessary wars, don't expect them to come back the same person they were when they left. It's tragic.

why would you do a thing like that to your mom?

Lord have mercy on her son...

Terrible advise for elderly disabled couple on very low income. Garnish wages

Debt is almost always the enemy! These stories are why I live in a little house on land that I own. When in doubt, do not borrow money!

Son costs his parents their home and says their out of his life and Daves solution is to kneel and pray to let it pass? Yeah, brilliant option there Dave.

I had two friends that did this to me, when I was young and stupid, $15000 to one, and $5000 to the other..... never seen it again. They are doing very well financially, and don't blink an eye.

I'm at a loss. This woman and her husband lost their house to foreclosure. Their credit is ruined. They make about 25 grand a year on disability. Yet somehow they were able to purchase a second home???

I know someone who pledged their home for their son-in-law...lost everything and the SIL left...tragic.

Sue the son! She has nothing to lose as far as a relationship with him because he told his mother she is no longer in his life! Sue him!!

option 4. sue then once repaid in full with interest forgive him if he apologises

I worked with someone who put her home up for her son to bail him out of jail. He skipped town and she lost her house.

Um I would 100% sue him. You may love your son but if that kid lost you your paid off home then thinks he can say "ooops" then cut you out of his life, he has another thing coming. He is out of your life anyway, might as well sue and try to get some of the money back.

Dave you have suchhhh a big heart!! I guess that's why you are so popular... Many people can give money advice, and that's why people come around you, but we stay for your personnality and your empathy

Forgiveness does not negate consequence. FORGIVENESS does NOT negate CONSEQUENCE. She can forgive him and love him and HELP HIM by planting a seed via SUING him. There aren't too many places a person can go in their mind to justify and convince themselves of wrong doings as transparent as this. Allowing him to go without consequence... I'm a pretty laid back person but when it comes to allowing people to walk all over you, in my experience, they do it to others until they're stopped or something clicks within them. I couldn't let my son go without consequence... In my mind, A) I'm doing my son no favors to let this go. I'm letting him run into a busy the street w blinders and I don't care how old he is or what he "should" already know. He's my son and I know this isn't going to bring joy to his life to behave like this. I'll plant seeds as long as I can and where there's earth to plant them. B) he's more likely to be a repeat offender. Others could suffer. Other people's families, children could suffer if he took them for all they had. No way am I showing him that it's okay to do this to anyone. I won't be that person. I won't leave a lit candle in the house. I am fully capable of forgiving his slight against me and that releases me. I can love him to eternity and I can do both of those things as I follow through with the consequence. We have enough corruption in this world and I wouldn't walk away from an opportunity to prevent a piece of it from continuing. -I can't feel enough for this mama. Really really hope her heart heals.

Dave, thank you for amazing compassion and advice to emotionally broken caller,

So ungrateful.... it bothers me too!!

I think my "son" would be completely disowned at best. No inheritance, no nothing. I would sue him honestly.

That was a very powerful advice Dave gave that woman. "Forgive him, and walk away, and live your life.

I respect our veterans, but please do not used that card on everything in life.

Simple: what is not earned with HARD work, will NOT be appreciated. Do not give anyone anything, especially your own kids/family members, if they don't work hard to earn it.

If he's going to do this to his mother than maybe he shouldn't have come back from Iraq.

This is painful to watch. I’m having bad memories of my brother. Trusted him. Was out 10 grand but had to let it go. Final straw was when my older brother & I went to our hometown after 10 years to visit. There was no marker on Dad’s grave. With all of us present younger brother agreed to “take care of it” at the funeral home. We agreed to split it 3 ways. After that I was done with him. He never let us know, just let Dad sit there with dirt/grass. And he never paid a penny for a marker. I’m at peace now. Older brother & I got a marker.

Sue him I sued my mom from stealing my money

Option 4. Forgive him and leave anything that remains to a charity in your will. This guys is not getting another penny from his parents

OMG. My heart breaks for this lady.

So sad . Parents do so much for their children trusting them they would help them in distress . This is heartbreaking story when he used them and finally said he could do nothing. Doesn't he have little bit of love and gratitude to his parents? Feel sad for the elderly couple who have to work now to pay their mortgage

It's so sad because she seems like the type of mother many would kill to be able to have as their own

How could someone do that to their own mother... wow... that wife needs to keep her eyes open.. because if he did that to his own mother how can she trust him🤦🏽‍♀️🤦🏽‍♀️🤦🏽‍♀️🤦🏽‍♀️

This is the heart of a pastor talking to them.. I hope they got their breakthrough of peace, and perhaps better received back in the place they let go from, in regards to their son & daughter-in-law.

The dad should of said. No where not putting up the house for you

As much as I want to say her and her husband should have known better I can hear in her voice she's a sweet naïve lady who loves her son so much and he took advantage of that. How could he be so cruel to her? It's not even the money it's the heartless act itself.

I never asked anyone to co sign for me ; if I can’t get it on my own then that means I can’t afford it Periodttttttttt

I'm a lawyer, and sadly, this is more common than you might think.

i cried when i heard her because this is exactly what happened to my aunt, thankfully some years later a close friend after finding a lot of major success paid for every loss and brought the family together

very sad how he sleep at night she should sue him

This is just sad! My brother did the same thing to our mother.

Dave Ramsey, you are a gentleman.

Dave should wear a cowboy hat.

She lost her house, that was paid off at the age of 62. Thats messed up. Her son is a scumbag!

This poor woman is 62 years old? She sounds so beaten down I thought she was going to say 82! The only thing to do is loose this looser and not bat an eye.

She does him a favor to fund his business, he goes bankrupt and is mad at her???? SHE LOST A PAID FOR HOUSE!!! He should be so ashamed

What a scumbag. Disabled parents practically at retirement age, thrown under the bus after they try to help him out? AND his wife is backing him up saying they’re not getting anything? That’s TWO scumbags not one. You can’t get any lower that that.

Never ever co-sign!

Yeah in the it's where I have come down...Ive given my kids money, thousands, but I would never LOAN them a dime. Only once have we co-signed for a family member and it was a auto payment set to come from our account never really cared once if they paid or not because we treated it as our debt.

she sounds so sweet to. she probably makes really good apple pies.

Because there is not really an option to recover the money.. I would put it in the perspective of "this was your inheritance, given to you in advance" and let the money go (emotionally/mentally) as such, knowing that you have provided for him as you would have intended in your passing, and owing/providing him nothing further.

Worst call ever. NEVER put your house up for loan.

this is so sad... it is a life lesson and really hard to forgive this but wow... he ripped off his parents and broke their hearts...

Very unfortunate situation, but absolutely great advice, Dave!

Kids today... I blame the parents.