Movie Reviews

Is the Boy Scouts of America Really Bankrupt?

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As a documentary delving deep into the Boy Scouts of America’s efforts to push down its decades-long issue of child sex abuse and its overall impact, Netflix’s ‘Scouts Honor’ is truly poignant. That’s because while this youth organization had been established with the aim of empowering young males across the nation, it ended up doing the opposite by covering the pedophilia within.

This Brian Knappenberger-original production thus features experts, survivors, and whistleblowers alike to really shine a light upon the dark side of this 113-year-old, once-renowned institution. Though if we’re being honest, the one aspect to have intrigued us the most concerning this entire matter has been the enterprise’s claims of bankruptcy — so, let’s find out more about it, shall we?

Is the Boy Scouts of America Bankrupt?

It was back in February 2020 that the Boy Scouts filed for Chapter 11 ban kruptcy in an effort to halt the hundreds of separate lawsuits against them in various states concerning the inside abuse. Yet they soon clarified they were looking to create an appropriate compensation fund for the nearly 82,500 men who’d courageously come forward with their experiences of having been molested as young boys by troop leaders, scoutmasters, or others in high positions of power.