Thursday, March 1, 2018

Sojourner-Douglass College debts total more than $25.1 million

The Sojourner-Douglass College in East Baltimore lists more than $25.1 million in debts in its recent Chapter 11 bankruptcy filing — a first glimpse into the financial troubles of the now defunct school. The college owes money to nearly 60 creditors. They include the City of Baltimore for outstanding water bills totaling $100,650 and real estate taxes totaling $65,839. Sojourner-Douglass College filed for Chapter 11 bankruptcy protection on Feb. 21, about an hour before its properties at 200…



from https://www.bizjournals.com/baltimore/news/2018/03/01/sojourner-douglass-college-debts-total-more-than.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171417351432

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