US Bankruptcy Judge Christopher Klein issued a ruling on April 1, 2013 that the City of Stockton was eligible for Chapter 9 Bankruptcy proceedings.  Judge Klein’s ruling comes after a 3 day trial where certain ...

The recent filings for bankruptcy protection by cities like Stockton, San Bernardino and Mammoth Lakes is a reflection of a the growing indifference society has to debt...or more specifically, its obligation to repay debt. Certainly ...