Pennsylvania’s capitol city of Harrisburg has filed for bankruptcy protection due to a failure to pay a debt on a trash-to-energy incinerator. The city’s Bryn-Mawr based lawyer, Mark D. Schwartz, was against the 4-3 decision made by the city council. “This was a last resort…they’re at their wits’ end,” says Schwartz.
With its debt burden five times its general-fund budget, Harrisburg is the largest city bankruptcy since Vallejo, CA in 2008, according to Municipal Market Advertisers, a research firm in Concord, MA.
If you are considering filing for bankruptcy, it is important to have experienced representation to guide you through your options. Contact Florida bankruptcy lawyers at the Law Office of Ryan J. Really, Attorney at Law, PLLC by calling (239) 237-0675 today.
