My Son and His Wife Took Their Son on a $20K Cruise, Leaving Their Daughter Home — By Noon, I Was Standing at Their Table

Chapter 38

THEME:
FONT SIZE: 18px

She was the kind of lawyer who walked into a room and the temperature dropped 10°. She did not have sympathy. She had strategy and right now I did not need a shoulder to cry on. I needed a weapon. She answered on the second ring. Bill. Her voice was crisp, clear, and completely devoid of sleepiness, even though I knew it was past midnight in Florida.

I have been waiting for your call. I assumed you are on the ship. I am, I said. It is done. I have the kids. Austin and Monica are in the brig. Good, she said. That simplifies the custody arrangement. Abandonment is hard to argue against when you are in a holding cell on a cruise ship. But Bill, we have a bigger problem, I rubbed my forehead.

I thought the problem was the $25,000 Austin stole from the account. That is the tip of the iceberg, Rachel said. Her voice dropped lower the way it always did when she was delivering the kind of news that ruins lives. After you called me about the withdrawal, I ran a full asset check on Austin.

I wanted to see if he had hidden the money in an offshore account or a shell company. I did not find the money, Bill, but I found debt. A lot of it. How much? I asked. Bill, are you sitting down? I am. Austin has been leveraging everything he touches for the last 18 months. Rachel said it started with credit cards.

He maxed out five of them. Then he took out personal loans, the unsecured kind with 20% interest rates. He blew through all of that. But that was not enough. She paused. The silence on the line was thick with static from the satellite connection. He forged a power of attorney document 6 months ago.

She said he used it to take out a home equity line of credit on your house. The house you live in. The house you own free and clear. Or at least the house you thought you owned free and clear. I felt the blood drain from my face. My hand gripped the phone so hard the plastic creaked. My house, I whispered.

The house I built with my wife Sarah. The house where we raised Austin. The house that was supposed to be the safety net for Mia and Leo. He took out $300,000 against the equity. Rachel continued relentlessly, and he did not stop there. When the banks cut him off, he went to private lenders.