Yeshiva Ktana Files Chapter 11

According to public records, Yeshiva Ktana of Bensonhurst, also known as Yeshiva Shaarei Torah, filed for Chapter 11 restructuring yesterday. The school appears to operate out of a building at 2025 67th Street near 20th Avenue, although according to the filing, its main office is located at 120 Avenue M between McDonald Ave and East 1st Street.

If you or someone you know is active in this institution, don’t jump to conclusions about its fate. In a chapter 11, as long as an organization’s debts don’t exceed the value of its assets, the entity isn’t liquidated or put out of business.