Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Sunday, February 26, 2017
Financial Instability Claims Another Assisted Living Facility; Shutdown To Force More Senior Citizens Out Of Their Residences While Employees Lose Jobs
In Penobscot, Maine, the Castine Patriot reports:
Northern Bay Residential Living Center will close in several weeks, but not until all residents have found another home, administrator Marjorie Love said.
“It’s the lemonade we can make out of these lemons, that they have the option to move to the right home.”
Ordered closed after more than eight years in the financial receivership of the Department of Health and Human Services, the result will be employees losing their jobs, families of residents traveling further for visits, volunteers staying home, and a community losing one of its linchpins.
Like the elementary school and Northern Bay Market, the nursing home at Penobscot’s main intersection has been part of the town’s fabric for decades.
“I think it’s hard on everyone,” Love said.
While Penobscot students, who spend time with residents weekly, know that the center will close this spring, “when it’s really going to hit the kids is next Halloween,” Penobscot Community School Principal Allen Cole said.
The Halloween practice of grade school students, and some parents, parading to the center in full costume to meet with residents is a decades-long tradition.
In recent years, residents came and shared a Thanksgiving meal with students at the school.
The interaction between students and residents is good for everyone, Cole said.
“It turns out no matter what the kids do, the residents love having them,” he said. “And it’s the one thing where our kids, some of them, get to interact with elderly people….They are forced to get out of their own comfort zone. We have no one-to-one parallel thing to replace that.
“There’s nothing that will or can take that spot,” he said.
A January 15 deadline to find a purchaser set by Judge Michaela Murphy in Maine Business and Consumer Court early in December was not met, and therefore DHHS was granted legal rights to sell the nursing home and assisted-living bed rights to other elder-care companies.
The nursing home section was closed in 2014, upon a legal petition to the court by DHHS, based on alleged violations.
However, the assisted living center “is being closed as not financially viable,” Love said. “It’s not a quality issue, it’s an expense [issue].”
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
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