Synagogue Files for Chapter 11
Posted on Apr 5, 2011 8:35pm PDT
A North Palm Beach, Florida Jewish congregation has reportedly filed for bankruptcy protection. Chabad House Lubavitch has reportedly filed for
Chapter 11 bankruptcy reorganization. The congregation has reportedly listed debts at more than $1 million and assets also at more than $1 million. Apparently, contribution from patrons has not been well during this time where the economy has been struggling.
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