Here's a story to ponder.
My wife bought her mother a car because she was down and out. Her mother was supposed to make all the payments on a "trust basis". Well, 4 months later, the car was repossessed and guess who got the screws put to them? That's right my wife and I. Now this was before we got married, but we were still paying it off after we got married, so my income paid off that fvck up too. We have nothing to show for the $8,000+ that we paid other than the IRS telling us this year that we owe taxes on the "forgiven debt" for the damn thing. Think about that when you go into this and if you think it's still a good idea, kill yourself..............okay, maybe don't kill yourself, but drink heavily and cry like a drunken baby or something before doing something like this.