Harrisburg, PA files for bankruptcy

opadmin2011-10-26T17:30:00+00:00

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 [...]

Harrisburg, PA files for bankruptcyopadmin2011-10-26T17:30:00+00:00

Dayton bankruptcy filings fall for first time since 2006

opadmin2011-07-11T19:39:51+00:00

Bankruptcy filings in Dayton have fallen for the first time since 2006. The filings represent only the first 5 months of the year and the first drop has been attributed to an overhaul of bankruptcy laws done by Congress. Some attorneys in the area have said that the other part of the downfall can be [...]

Dayton bankruptcy filings fall for first time since 2006opadmin2011-07-11T19:39:51+00:00

Personal bankruptcies experience slight drop

opadmin2011-07-07T19:15:06+00:00

In June, a total of 120,623 people in the United States filed for personal bankruptcy. Compared to a month before, this is a 6.6 percent drop. A professor at the University of Illinois College of Law specializing in bankruptcy estimates that personal bankruptcies will be 5 to 10 percent lower this year than last year. [...]

Personal bankruptcies experience slight dropopadmin2011-07-07T19:15:06+00:00

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