search
senior living communities
Trends
- 1Senior living home bankruptcies leave families without savings●Promises unkept: Senior living home bankruptcies rob families of their life savings
Families who paid large upfront entrance fees to senior living communities are losing their life savings as operators file for bankruptcy. Contracts promised refunds of deposits when residents left or died, but failed facilities cannot honor them, leaving elderly residents and their relatives facing eviction and financial ruin with little legal recourse.