Ridgefield Christian School done with bankruptcy reorganization - KAIT Jonesboro, AR - Region 8 News, weather, sports

Ridgefield Christian School done with bankruptcy reorganization

JONESBORO, AR (KAIT) -

Ridgefield Christian School in Jonesboro filed for bankruptcy at the beginning of this year, but now school administrators say things are on track.

The school has completed the Chapter 11 bankruptcy reorganization process.

They will continue to pay 100% of the bondholders’ principal, but at a lower interest rate.

Ridgefield Christian School Board of Directors President Doug Imrie said the restructuring will allow the school to focus on further advancements and long-range planning.

He also said they appreciate all the support they have gotten from RCS families and the community during this process. 

Copyright 2015 KAIT. All rights reserved.

Region 8 News App - Install or update on your: iPhone | Android

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Pedestrian killed in Randolph Co. crash

    Pedestrian killed in Randolph Co. crash

    Monday, April 23 2018 6:54 AM EDT2018-04-23 10:54:21 GMT
    (Source: AP Graphics Bank)(Source: AP Graphics Bank)
    (Source: AP Graphics Bank)(Source: AP Graphics Bank)

    A Reyno man was killed in a weekend crash.

    A Reyno man was killed in a weekend crash.

  • breaking

    One dead, three injured in crash

    One dead, three injured in crash

    Sunday, April 22 2018 4:20 PM EDT2018-04-22 20:20:19 GMT
    Sunday, April 22 2018 7:04 PM EDT2018-04-22 23:04:58 GMT
    (Source: Raycom Media)(Source: Raycom Media)

    According to Arkansas State Police, a Craighead County woman was killed Sunday in a two-vehicle crash on Highway 18 west of Bowman. 

    According to Arkansas State Police, a Craighead County woman was killed Sunday in a two-vehicle crash on Highway 18 west of Bowman. 

  • Annual Home and Garden Show wraps up

    Annual Home and Garden Show wraps up

    Sunday, April 22 2018 5:48 PM EDT2018-04-22 21:48:44 GMT
    (Source: KAIT)(Source: KAIT)
    (Source: KAIT)(Source: KAIT)

    The annual Northeast Arkansas Home Builders Association Home and Garden show was held on Saturday and Sunday.

    The annual Northeast Arkansas Home Builders Association Home and Garden show was held on Saturday and Sunday.

Powered by Frankly