Thanks Pearce. I am so sorry to hear about what you went through with your family members when you loaned them money (such a large amount, too). I said from the beginning that this was going to be the outcome and I hate that I am right. My husband isn’t very bothered by it, he says “they’ll pay it back eventually” but it really just pisses me off. I know my husband wouldn’t let it ruin his relationship with his brother, but I’m just not that forgiving.

After I sent the email to his wife saying I was upset about their recent purchase, my BIL texted my husband to say he would send us $2,500 this week. We shall see. My BIL is very religious, and claims to be a very moral person, but this money situation has shown me another side of him, one that puts status above all else.

I hope it doesn’t come to legal action. I see that in my state (though they live in another state) there is 6 year statute of limitations on a promissory note. We are blessed that we are not in need of the money right now (though I don’t want them to know that!) The thing that irks me too is that my BIL doesn’t pay us anything unless I bitch at him. So I guess I’ll have to make it a habit to approach him once a month to ask about the loan. Perhaps just annoying the hell out of him might work.

Thanks again for your perspective! Greatly appreciated 🙂