gamboolman
Recycles dryer sheets
Not sure if this is the correct forum? But here goes...
Please, we would like some advice from the Community on how to help some dear friends of ours who are experiencing hard financial times.
Please note that they have asked us for advice – so that door is open but we are not sure how best to proceed.
The Background:
Married couple ~age 60 for him and ~58 for her. No children. He has been a Independent General Construction Contractor and she has helped him with the Administrative Management of their business for many years. Basically a one man band. This is in Houston, Texas.
Covid pretty well shutdown their business. Additionally, his body is breaking down and he is physically unable to perform the work that he has done all his life.
We utilized them to perform many Retirement Repairs and Home/Property Upgrades when we retired 1-Feb-21. But we have finished with all that now, and we are no longer keeping them busy with work and projects for us.
They are now in severe Financial Stress and need money. We are talking in the low six figures range of need as they still have a Mortgage and life expenses. They have no savings and are in debt and have no other assets. They have no family that can help them and there are no future inheritances.
They have not asked us outright for money. But ms gamboolgal and I feel bad for them. We know that giving them money is not the long-term solution for their situation.
They are stressed out and depressed right now. They are close to losing their home and it appears they are just about giving up.
• What types of Assistance/Programs and/or Financial Counseling is available that we could suggest for them to explore and to help themselves get out of this situation.
Any advice would be appreciated.
gamboolman…
Please, we would like some advice from the Community on how to help some dear friends of ours who are experiencing hard financial times.
Please note that they have asked us for advice – so that door is open but we are not sure how best to proceed.
The Background:
Married couple ~age 60 for him and ~58 for her. No children. He has been a Independent General Construction Contractor and she has helped him with the Administrative Management of their business for many years. Basically a one man band. This is in Houston, Texas.
Covid pretty well shutdown their business. Additionally, his body is breaking down and he is physically unable to perform the work that he has done all his life.
We utilized them to perform many Retirement Repairs and Home/Property Upgrades when we retired 1-Feb-21. But we have finished with all that now, and we are no longer keeping them busy with work and projects for us.
They are now in severe Financial Stress and need money. We are talking in the low six figures range of need as they still have a Mortgage and life expenses. They have no savings and are in debt and have no other assets. They have no family that can help them and there are no future inheritances.
They have not asked us outright for money. But ms gamboolgal and I feel bad for them. We know that giving them money is not the long-term solution for their situation.
They are stressed out and depressed right now. They are close to losing their home and it appears they are just about giving up.
• What types of Assistance/Programs and/or Financial Counseling is available that we could suggest for them to explore and to help themselves get out of this situation.
Any advice would be appreciated.
gamboolman…