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A federal judge ruled on Friday that Detroit’s request to table three lawsuits filed by Ingham County creditors was valid, thus pushing aside a major roadblock in the city’s Chapter 9 bankruptcy case. This ruling overrode...

San Bernardino is the third of California cities filing for Chapter 9 bankruptcy in the last two months. After having determined they would not be able to meet city payroll obligations this month, the City Council declared...

Unfortunately, it’s becoming more common these days to hear of a city filing for bankruptcy.  While the news was last tuned in to the major bankruptcy case in Jefferson County, Alabama, the public’s attention is now...

Stockton California has been facing tough financial decisions for some time. As city officials inch closer to a Chapter 9 municipal bankruptcy filing, their efforts are being put on hold as the result of a new law. Now forced...

When Jefferson County, Alabama filed for Chapter 9 bankruptcy back in October it was thought to be one of the biggest municipal bankruptcy cases in history. A new record is about to be broken as another city is on the verge...