Bankruptcy


Chapter 9 Bankruptcy

What You Should Know About Chapter 9: Municipality Reorganization

Read Full Article

A Quick Look into Chapter 9 Bankruptcy

As the name implies, an entity must be a municipality for it to qualify for Chapter 9 bankruptcy. What exactly constitutes a "municipality," though? A "municipality" as defined by the U.S.
Read Full Article

Learn About Chapter 9 Bankruptcy Statistics

Of all domestic bankruptcy options, bankruptcy statistics put forth by the United States Court system indicate that Chapter 9 municipality reorganization is by far the rarest. With less than 500
Read Full Article

The Basic of Chapter 9 Governing Laws

Concerns about bankruptcy were widespread among municipalities during the Great Depression. The first attempt at uniform law in 1934 to address municipal bankruptcy filing was ruled an unconstitutional violation of
Read Full Article

Quick Overview of Chapter 9 Filing Process

The decision of when to file for bankruptcy under Chapter 9 provisions is not one that a municipality should reach
Read Full Article

Find Out Chapter 9 Purpose and Usage Before Filing

Individuals with bankruptcy questions will obviously not need specific information on Chapter 9 bankruptcy, as this form of bankruptcy does
Read Full Article

All You Need to Know About Chapter 9

As a municipality's request for protection under Chapter 9 bankruptcy involves very public agencies and affects whole communities, it is
Read Full Article

Chapter 9 Bankruptcy

Chapter 9 bankruptcy's low usage in the United States may belie the scope and severity of the program for those
Read Full Article

Noted Chapter 9 Usage to Consider

When a town, major city or county intends on filing for bankruptcy, it is not just a proverbial blip on the radar. Bankruptcy filings by municipalities under Chapter 9 municipality
Read Full Article