Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts

Tuesday, April 27, 2010

Municipality Considering Bankruptcy

Another city, Harrisburg PA, has let its finances get out of hand, with massive debt loads ($288 million to be exact) forcing the issue of municipal bankruptcy.

For Harrisburg, it's not a question of 'if' they will file for bankruptcy, but rather 'when' and 'how.'