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Retirement home residents face losing some or all entrance fees as facility struggles to pay debts

BARTLETT, Ill. Continuing care retirement communities offer seniors their own home, meals and activities, and assisted living or nursing if they need it. They can accommodate residents who range from being independent to those who require 24-hour care. Also known as life plan or life care communities, they require a hefty entrance fee, often ranging from $250,000 to $400,000 or more, plus . ....

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Retirement home residents face losing some or all entrance fees as Bartlett facility struggles to pay debts

Continuing care retirement communities offer seniors their own home, meals and activities, and assisted living or nursing if they need it. They can accommodate residents who range from being independent to those who require 24-hour care. Also known as life plan or life care communities, they require a hefty entrance fee, often ranging from $250,000 to $400,000 or more , plus significant . ....

United States , Lorraine Stanko , Clare Oaks , Philippe Largent , Mike Claffey , Rick Stanko , Kathy Mcclellan , Illinois Department Of Public Health , Department Of Public Health , Department Of Health , American Association Of Retired Persons , Paycheck Protection Program , Illinois Finance Authority , Friendship Village , Third Order , Certus Living , Entrance Fee , World War , American Association , Retired Persons , Illinois Life Care Facilities Act , Illinois Department , Public Health , Water Tower , Franciscan Sisters , Entrance Fees ,