CLC had 400 employees in the Washington area. It had centers locally in Alexandria, Manassas and Laurel. There were 1,100 students at the two Virginia campuses and 320 at Laurel. An auction will be held Monday to sell remaining assets. Gold said he has received more than 400 claims, mostly from students and employees.
Creditors have three more weeks to file a claim with the court.
Students who paid for tuition with federally backed student loans have had their payments deferred or forgiven. But students who borrowed from a private bank or paid out of pocket should file a claim, Gold said. Gold said he is encouraged that he will be able to pay the claims of students and employees by fall of this year. The most troubling situations we see are the students who borrowed privately and began class in January, only to find the company out of business. Elke Hunter started going to the Alexandria campus of CLC a year ago for a 14-month program in computer networking.