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Chapter 9 Bankruptcy

It's Official: Stockton Files For Bankruptcy

Reuters | Posted 08.28.2012 | Business

By Jim Christie SAN FRANCISCO, June 28 (Reuters) - Stockton, California, became the largest city to file for bankruptc...

Official In Bankrupt County: State Is 'Kicking The Can'

Reuters | Posted 07.02.2012 | Business

By Verna Gates BIRMINGHAM, Ala., May 2 (Reuters) - Alabama's bankrupt Jefferson County is laying off more government w...

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...

Harrisburg Council Approves Bankruptcy Filing

AP | MARK SCOLFORO | Posted 12.12.2011 | Business

HARRISBURG, Pa. — Pennsylvania's distressed capital city filed for bankruptcy Wednesday, citing "imminent jeopardy" from lawsuits related to a d...