A small, private university in West Virginia has declared bankruptcy. The move to file for Chapter 7 bankruptcy by Alderson Broaddus University comes a month after it announced plans to cease operations.
CHARLESTON, W.Va. — A small, private university in West Virginia declared bankruptcy on Thursday, a month after announcing that it planned to cease operations.
The filing was signed by Alderson Broaddus interim president Andrea Bucklew. The Chapter 7 filing would allow the university to liquidate its assets.
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