Apartment Leases, What is His Best Move?
My 18yr old nephew is in rough shape. Found out from my mother that his power has been cut and is very close to losing his apartment. His parents have basically never given him a leg up in life or even offered emotional support. However they did pay for legal fees regarding the next paragraph.
He had a small business that was doing well but he got caught up in a receiving of stolen property charge (he had no clue the item was and had proof) which was ultimately dropped but not after being unable to work for 2 weeks, losing his customers not to mention being out the money for the vehicle he had (unknowingly illegally) bought. This has caused his financial issues he hasn't been able to recover from.
I've already loaned him more money than I can expect to recover for some time so I don't think it's a wise move to provide that. My parents would like for him to move in with them and we'll all try to get him back on the right track.
I'm always of the belief that you never go back on your word, contracts or owing someone something. But in his current position you sometimes have to wave the white flag and move on. Realistically, what are going to be his consequences for breaking the lease, back utilities and such? We want him to be able to bounce back as quickly as possible.
Thanks for any advice!
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