Is Trump Taj Mahal Headed for Bankruptcy?

Is another Atlantic City casino facing big financial problems?

The New York Post is reporting Trump Taj Mahal has recently broken some of its loan agreements and it could be headed for a Chapter 11 reorganization "within days."  The paper reports an out-of-court solution between Trump Entertainment Resorts and its creditors has not been found yet.

The billion-dollar resort has one of the largest gaming floors in Atlantic City and employs thousands of people in South Jersey.  It's neighbors, Showboat and Revel, both closed last weekend.