Airing on Marketplace Radio on April 7, 2025, Chris Farrell and Meredith Garretson Morbey interview NCLC Senior Attorney Odette Williamson for coverage of rising debt among older adults debt and how that’s pushing more households into the ranks of the financially precarious. “We’ve seen an uptick in debt, including mortgage debt, among older adults for a…
Read More about Marketplace: The weight of carrying debt in old age
More than 13 million people rely on Income-Driven Repayment (IDR) plans to repay their federal student loans. IDR plans provide borrowers who cannot afford standard, fixed payments with an alternative way to repay based on their income and family size and to become student debt-free by making up to 25 years of payments.
Federal nursing home law prohibits nursing homes from requesting or requiring a third party, such as a resident’s family member or friend, to sign an agreement to be personally liable for a resident’s nursing home expenses. Despite these protections, nursing homes commonly use questionable admission agreements that seek to make family, friends, or other third…
Read More about Digital Library: New Guidance Restricts Family Liability for Nursing Home Debt
Long-term care is or will be a fact of life for many of us and our loved ones as we age. We all deserve care – whether in the home or in a long-term care facility – that meets the highest of standards, enhancing quality of life and ensuring the protection of rights. NCLC Staff…
Lara v. Sunrun Inc., et al2484-CV-03201 (Suffolk Cty. Super. Ct. Mass.) This case challenges the fraudulent and deceptive practices of solar company Sunrun Inc., on behalf of a low-income, Spanish-speaking, elder consumer. The case alleges that Sunrun’s installed of faulty solar panels on Mr. Lara’s house and charged him thousands of dollars (and will continue…
Inaccurate credit reporting can wreak havoc on victims of “coerced debt,” which occurs when an abuser uses coercive control or identity theft to incur debt in the name of an individual.
