Longtime New Jersey Publishing Company Files for Chapter 11 Bankruptcy

Exit Zero Publishing, Inc., beloved Cape May publisher, filed for bankruptcy with $1.84M in liabilities.

Written By Twinkle Jha
Representative Image, Exit Zero Publishing, Inc. files for bankruptcy (Image credit: Suzy Hazelwood | Pexels | Created on Canva)

Exit Zero Publishing, Inc. has filed for Chapter 11 bankruptcy protection. The Cape May, New Jersey-based company operates as a publishing business.

Court records show the company faces a wide gap between its assets and liabilities and several unsecured creditor claims. Operations are expected to continue as normal under court guidance.

Exit Zero Publishing, Inc. Enters Bankruptcy

Case records, as available on the PACER database, show that the company submitted its petition on July 20, 2026. Company owner Jack Wright signed the petition before it was filed in the U.S. Bankruptcy Court for the District of New Jersey.

Court records identify Exit Zero Publishing, Inc. as a small business debtor that filed under Chapter 11, Subchapter V. This provision typically allows small businesses to complete their bankruptcy requirements in a faster and more cost-efficient manner than traditional filings.

About the Company

Founded in 2003 by Jack Wright, Exit Zero Publishing Inc. began as a local publishing company. The company initially launched a weekly magazine covering Cape May through local stories, photography, and editorial content. The company later expanded into book publishing with titles highlighting the region’s history and culture. This included the annual Cool Cape May guidebook and The First Resort.

Over more than 20 years, the company expanded its operations to include branded retail stores and restaurant ventures.

The first retail shop selling Exit Zero-branded apparel and Cape May artwork launched in 2005. The store opened at the historic Congress Hall hotel in Cape May.

The company’s first restaurant, “Exit Zero Cookhouse,” opened in 2015 and specialized in Thai and Indian curries.

After this, Exit Zero Filling Station opened its doors in 2018. The dining concept was known for its vintage trailers and received national recognition from ABC News for the same. The closure marked the company’s exit from the restaurant business after a decade.

In addition, the company ended its overall restaurant journey after ten years.

Case Related Details

Case records show that Exit Zero Publishing Inc. listed a summary of assets and liabilities in the petition. According to it, the company has around $1.84 million liabilities and approximately $71,232 in assets.

The company also submitted a list of creditors with the largest unsecured claims. These include MidPenn Bank, Small Business Administration, LG Funding, AmTrust North America, and others. Court filings indicate that funds will be available for distribution to the unsecured creditors.

Attorney Ellen M. McDowell of McDowell Law, PC represents the company in the case.

A summary of the Chapter 11 petition is shared here:

  • Filing Date: July 20, 2026
  • Court and Jurisdiction: U.S. Bankruptcy Court for the District of New Jersey
  • Type of Filing: Active, Voluntary Petition
  • Chapter: 11, Subchapter V
  • Case Number: 26-18235
  • Estimated Assets: Between $50,001 and $100,000
  • Estimated Liabilities: Between $1,000,001 and $10 million
  • Estimated Creditors: 1-49
  • Reason for Filing: Reorganize finances under court supervision

Exit Zero Publishing Inc.’s filing is a notable point in its journey of over two decades. Upcoming court proceedings are expected to be crucial for its financial reorganization.

Love our content?
Add WhatNow as a preferred source on Google to see more of our trusted coverage when you search.

Be the First to Know

From new restaurant openings to exciting retail launches and real estate insights, be the first to know what’s happening in News

Share This Article
Follow:
Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *