> I know my parents lost a TON of personal items, including countless photos, when the moving company that was hired by the USAF to move them out of CA to another assignment went under.

I'm close to someone who grew up in the military and lost ~all their family photos and childhood things the same [EDIT: "a similar", rather] way. A little bit lost with every move, nearly all of it gone by the end. Might be a common problem for folks in the military even if something weird like the moving company going under mid-move doesn't happen.