9 min
What You’ll Never See in Our Homes…. Unpaid Rent is a Thing of the Past! Assisted Living Network Podcast
-
- Investering
What happens if a resident stops paying for their care? Do you have to kick them out onto the streets?When a senior moves into a residential assisted living home, it's typically not the resident themselves paying - they've assigned a Power of Attorney (POA) to handle their finances and care decisions. The POA, often an adult child, signs an agreement with the home and is responsible for making payments. So what happens if they stop paying?In this episode, we cover:- How a lapse in payment is ...
What happens if a resident stops paying for their care? Do you have to kick them out onto the streets?When a senior moves into a residential assisted living home, it's typically not the resident themselves paying - they've assigned a Power of Attorney (POA) to handle their finances and care decisions. The POA, often an adult child, signs an agreement with the home and is responsible for making payments. So what happens if they stop paying?In this episode, we cover:- How a lapse in payment is ...
9 min