Illinois families owed millions of dollars after retirement community files for bankruptcy ...Middle East

Dozens of families who trusted a senior living facility to care for their loved ones are now out hundreds of thousands of dollars after the retirement community filed for bankruptcy and has since failed to pay refunds due to former residents. Once the largest non-profit continuing care retirement community in Illinois, Friendship Village of Schaumburg charged residents a large entrance fee to move in, with that money meant to be refunded if the resident moved out or passed away. After Friendship Village was sold in 2023 following their bankruptcy filing, former residents who are owed thousands of dollars have learned they are on track to receive back merely a fraction of what they pai

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