TLDR i live in a ~500,000$ USD house with my parents for over 20 years and my parents are in a bank credit debt of 6 figures USD for 10 years. We came to the point of barely managing to pay monthly debt of $600 in a country where the average salary is $200 a month. We would have to pay this monthly until the year 2024. I want to invest into my future but this is fucking my life up. My dad too cause hes mostly paying for this debt.
We found a buyer after 10 years to buy our backyard, which means the buyer wants to destroy the backyard and build his own house there for 6 figures USD which is going to cover up the bank credit debt and all other loans while leaving 5 figures USD leftover for me to finally buy a small car and learn to drive (im 22) and invest into my stuff.
if they build the house there then I'd wake up every day starring in a wall. It would be depressing to live with that for the rest of my life. This is a very hard decision to make and weve been trying to decide for days. We have deadline to decide until monday or the buyer is gonna back off.
We are also waiting for the court since 2018 to pay us 5 figures USD since we sued somebody who broke a contract (irrelevant details) but that could pay the bank credit debt and we won't have to sell the backyard. But the problem with this is we've been waiting for over a year now and we dont know how long to wait for this to be resolved. if we wait too long my dad wont be in the position to pay monthly this debt anymore and the executors will take our house away and we'll be left homeless and basically threw away those ~120k$ we paid for the debt by now For nothing in return.
I dont want to work a job until 2024 just so i can help my dad throw all money into this debt instead of investing into my future....
This is a very hard decision to make and i need your help by voting on this poll. When you vote what is the best thing to do please reply to this thread with strong reasons why do you think that. Thank you
We found a buyer after 10 years to buy our backyard, which means the buyer wants to destroy the backyard and build his own house there for 6 figures USD which is going to cover up the bank credit debt and all other loans while leaving 5 figures USD leftover for me to finally buy a small car and learn to drive (im 22) and invest into my stuff.
if they build the house there then I'd wake up every day starring in a wall. It would be depressing to live with that for the rest of my life. This is a very hard decision to make and weve been trying to decide for days. We have deadline to decide until monday or the buyer is gonna back off.
We are also waiting for the court since 2018 to pay us 5 figures USD since we sued somebody who broke a contract (irrelevant details) but that could pay the bank credit debt and we won't have to sell the backyard. But the problem with this is we've been waiting for over a year now and we dont know how long to wait for this to be resolved. if we wait too long my dad wont be in the position to pay monthly this debt anymore and the executors will take our house away and we'll be left homeless and basically threw away those ~120k$ we paid for the debt by now For nothing in return.
I dont want to work a job until 2024 just so i can help my dad throw all money into this debt instead of investing into my future....
This is a very hard decision to make and i need your help by voting on this poll. When you vote what is the best thing to do please reply to this thread with strong reasons why do you think that. Thank you



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