Wednesday, October 6, 2010

Education | School files for bankruptcy | Seattle Times Newspaper

Education | School files for bankruptcy | Seattle Times Newspaper

School files for bankruptcy

After barely keeping its doors open by raising more than $100,000 last summer, the Seattle Language Academy is still struggling through the recession. The nonprofit — one of the city's leading providers of foreign-language instruction — filed for Chapter 11 Bankruptcy on Tuesday in an effort to continue its classes.

Seattle Times staff reporter

After barely keeping its doors open by raising more than $100,000 last summer, the Seattle Language Academy is still struggling through the recession. The nonprofit — one of the city's leading providers of foreign-language instruction — filed Tuesday for Chapter 11 bankruptcy in an effort to continue its classes.

Wayne Widdis, the corporation's general manager, said the filing will give the school more space and time to try to survive.

How much time?

He estimates two to three months. The academy will continue its classes this fall, but after that, its future is