Therapedic Sleep Products, Inc. Files For Chapter 11

Therapedic Sleep Products, Inc. filed for Chapter 11 bankruptcy protection today at the US Bankruptcy Court for the District of New Jersey. The North Brunswick, NJ based debtor listed both assets and liabilities in the $1 to $10 million range. The debtor’s two largest unsecured creditors are Orloff, Lowenbach, Stifelman & Siegel and L&P Financial Services, owed $686K and $508K each.  

The debtor is a manufacturer of handcrafted sleep systems.