The American Academy of Adoption Attorneys recently learned of the bankruptcy filing by the Independent Adoption Center (IAC) which is licensed in California, Florida, New York, Indiana, Connecticut, Georgia, North Carolina, and Texas. The announced permanent closing of all IAC offices and its programs nationwide has left many families in dire straits. Some may be in the middle of an adoption and are now left without supervision of the placement in order to complete and finalize the adoption, while others have paid substantial sums of money to participate in the IAC adoption program, which money will now likely be lost. This is a situation which should never happen.
The Fellows of the American Academy of Adoption Attorneys have pledged to assist those families that now find themselves in this untenable situation. The Academy will assist these families in order for them to obtain their files from IAC, or to have them transferred to other reputable licensed adoption agencies. The Academy will also assist in advising those families as to be best way to proceed with regard to their prospective adoptions. In most instances, there will be no charge, or a reduced charge, for these services. See list here: Academy IAC Volunteer or Reduce-Fee Attorneys. Alternatively, I, Colleen Quinn, Academy President, can be contacted at president@adoptionART.org to provide referral to a volunteer attorney. We are very saddened by this situation and will endeavor to provide as much support as possible.
The IAC Bankruptcy case was filed on 2/3/17 in the U.S. Bankruptcy Court for the Northern District of California and assigned case no. 17-10427. The 1st meeting of creditors is scheduled for 3/14 in Oakland. Click here for a copy of IAC Bankruptcy Petition and the IAC Bankruptcy Petition Supplement.