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Vallejo Bankruptcy

Will San Jose Go Bankrupt Next?

AP | HANNAH DREIER and GOSIA WOZNIACKA | Posted 10.17.2012 | San Francisco

SACRAMENTO, Calif. -- One of the nation's top credit rating agencies said Friday that it expects more municipal bankruptcies and defaults in Californi...

'The New Normal': Troubled California City Slowly Emerges From Bankruptcy

AP | By HANNAH DREIER | Posted 09.21.2012 | San Francisco

VALLEJO, Calif. -- Cobblestones show through the decrepit pavement in Sheila Dodson's downtown neighborhood, prostitutes ply the sidewalks in broad da...

'Bankruptcy Brings A Brutal Recognition Of The New Normal'

AP | HANNAH DREIER | Posted 09.21.2012 | Business

VALLEJO, Calif. (AP) — Cobblestones show through the decrepit pavement in Sheila Dodson's downtown neighborhood, prostitutes ply the sidewalks in br...

John Rudolf

Largest U.S. City Bankruptcy Heading Toward Court

HuffingtonPost.com | John Rudolf | Posted 02.29.2012 | Business

Stockton, Calif., took a major step toward becoming the largest U.S. city ever to file for bankruptcy with a city council vote to begin a state-mandat...

Local City Facing Bankruptcy: Would Be Biggest City To Declare In American History

Aaron Sankin | Posted 02.23.2012 | San Francisco

The Central Valley city of Stockton of may become the next California municipality to follow in the steps of Vallejo and Orange County and file for ba...

Struggling East Bay Town Finally Recovers From Bankruptcy Nightmare

Aaron Sankin | Posted 01.02.2012 | San Francisco

After spending three years as one of the highest-profile municipalities in the nation to go bankrupt, the Northern California city of Vallejo has emer...