My parents borrowed against their house during the recession and now owe more than it's worth, but they're too proud to declare bankruptcy at their age.
More people experience this than they realize.
The stigma of financial failure can feel more threatening than the reality of financial destruction, especially when time feels too short for recovery.
“Where Are You with Money and aging parents — the financial caregiving challenge?”
If this sounds familiar, the Library can help you find the bigger picture.