Harrisburg, PA files for bankruptcy


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 bankruptcy2011-10-26T17:30:00+00:00

Dayton bankruptcy filings fall for first time since 2006


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 20062011-07-11T19:39:51+00:00

Personal bankruptcies experience slight drop


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 drop2011-07-07T19:15:06+00:00
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