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Re: Bankruptcy of 7Bus on Long Island

Posted by mac5689 on Thu Sep 8 12:06:07 2016, in response to Re: Bankruptcy of 7Bus on Long Island, posted by Joe on Tue Sep 6 19:32:30 2016.

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A article from yesterday's Newsday, Schoolman says that he has been in business since 1976.

Heres the article Hampton Luxury Liner, 7Bus, Classic Coach to close

Also in the article Schoolman says how the employees received layoff notices in June and that the layoffs would have happened on the 26th.

Also he mortgaged his house 17 times to to keep the companies going. I'm surprised he was allowed to mortgage his house that many times.

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