Western Nebraska Observer - Observations all along the line - Kimball & the Southern Panhandle First

CAPWN exits Chapter 11 proceedings

Board member Tim Nolting describes arduous but successful process

 


More than two years ago Community Action Partnership of Western Nebraska (CAPWN) board member announced that the organization needed to file Chapter 11 bankruptcy.

Following that announcement the board and staff at CAPWN began making changes. According to a recent news release, the organization identified debt, restructured the agency and developed a plan to pay back creditors.

After two years of diligent work, the organization filed an amended plan in January 2016 which was approved, signed and filed by the judge. CAPWN has successfully exited Chapter 11 with a final decree date June 16,...



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