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Baby Boomers Supporting Live-In Adult Children

Home » Baby Boomers Supporting Live-In Adult Children

Baby Boomers Supporting Live-In Adult Children

By Wine Country Family Law, P.C. on July 18th, 2020 in

My clients, a middle-aged couple, were the sole support of their two adult children and their grandchildren, while only one of my clients was employed and the other spouse was disabled. Over the course of several years, my clients ran up significant debt trying to support a household of nine. Although my client had a well-paying job in the tech industry, that income only went so far in trying to support so many of his family members. My clients were extremely stressed out over their family and financial situation.

They decided to give up their house in bankruptcy and rent for much less than they were paying on their mortgages. As a result of my clients filing chapter 7 bankruptcy, one of the children and family found subsidized housing elsewhere and the other adult child applied for governmental assistance in order to help with the household expenses. They lived rent and mortgage free in their house for several months while the home surrender was pending. Over $75,000 in unsecured debt was discharged in their case and they now all live in their own rental units.

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Wine Country Family Law, P.C. is a Debt Relief Agency under 11 U.S.C.528(b)(2)(B). We assist people in filing bankruptcy relief under the Bankruptcy Code.

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  • Home
  • About
    ▼
    • Lindsay Torgerson
    • Bailey Penzotti
    • Thomas Shields
    • Alisha Sikes
    • Our Team Members
      ▼
      • Shelley Crandell
      • Nichole Buchanan
      • Jennifer Carmody
      • Sandra Sutton
      • Laura Bohler
  • Family Law
    ▼
    • Top Questions About Family Law
    • Santa Rosa & Sonoma County Family Law
      ▼
      • Divorce
      • Child Support
      • Child Custody
      • Custody & Support Modification
      • Parenting Plan & Visitation
      • Relocation
      • Mediation
      • Spousal Support & Alimony
      • Business Valuation
    • Napa County Family Law
      ▼
      • Divorce
      • Child Support
      • Child Custody
      • Custody & Support Modification
      • Parenting Plan & Visitation
      • Relocation
      • Mediation
      • Spousal Support & Alimony
      • Business Valuation
    • Ukiah & Mendocino County Family Law
      ▼
      • Divorce
      • Child Support
      • Child Custody
      • Mediation
      • Spousal Support & Alimony
    • High Net Worth Divorce Attorney
    • Business Owner’s Guide To Divorce
    • California Divorce Guide (People of All Ages)
  • Financial
    ▼
    • Top Questions About Bankruptcy
    • Sample Cases
    • Santa Rosa & Sonoma County Bankruptcy
    • Napa County Bankruptcy
    • Ukiah & Mendocino County Bankruptcy
    • Lake County Bankruptcy
  • Reviews
  • Blog
  • Contact