Defunct NEON faces creditors in bankruptcy proceedings Thursday

A former embattled Fairfield County anti-poverty agency will face creditors in bankruptcy proceedings Thursday morning. The defunct agency owes upwards of $3.500,000 but only has assets of less than $500,000. Among the largest debts are nearly $950,000 to Coventry Health and Life Insurance Company and more than $600,000 to the Connecticut Department of Labor.