KidsPeace Declares Bankruptcy

KidsPeace filed for Chapter 11 bankruptcy Tuesday to restructure its long-term debt and pension obligations, William Isemann, KidsPeace Chief Executive Officer William Isemann, said in a news release.

KidsPeace's national headquarers is in Schnecksville.

"This move is aimed at strengthening KidsPeace so that we can more readily fulfill our mission in the communities that we serve," he said.

"We anticipate that this reorganization will move very quickly," he said.

Isemann said KidsPeace would remain in business and its day-to-day operations will continue uninterrupted.

"We will continue to accept referrals and admissions connected to all of our services, and the quality of our care will not be affected in any way.

"For more than 130 years, KidsPeace has provided hope, help and healing to children and families in need. The children in our care have always come first, and they always will."