SS's car is totaled

iVillage Member
Registered: 12-10-2004
SS's car is totaled
1
Wed, 12-21-2005 - 2:56pm

We got the call from BM yesterday...the engine and transmission cannot be repaired. BM told DH that she cannot and will not buy SS another car. DH is trying to figure out what he wants to do. We are looking into getting a home equity loan to get new windows, pay off some credit cards, and we may use some of the money to get him a car. I don't have a problem helping the young man, but I would like him to make payments back to us. If we do this, the car would be titled in DH's name, and we would be sure to have full coverage on the car!! SS did get good news, he got a full scholarship (except for books) to a nearby university. He has applied to two other schools, and he knows that he will attend whatever school offers him the best scholarship. I have a daughter who is also a senior in high school, and SS getting this scholarship really helps us out!!

Sarah

Avatar for heartsandroses2002
iVillage Member
Registered: 03-26-2003
Thu, 12-22-2005 - 9:28am
Too bad about the car, but congrats on the scholarship opportunities! My 18dd, who is a senior this year has to get moving on her scholarship applications! Some of them can't even be sumitted until May 2006, however, so she's not moving as slow as I think. I would just like to know ASAP what I am going to need monthly for her to go to college and the sooner the better, right?