The truth is that what is happening in California, in Detroit, in Camden and in hundreds of other communities is also going to happen where you live.
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Post Tagged with: "Vallejo"
January 21, 2011 04:51
Vallejo Bankruptcy Plan Offers Unsecured Creditors 5-20%; JPMorgan CEO Forecasts More Municipal Bankruptcies; Bernanke Will Not Rescue Cities
Unsecured creditors will receive 5 cents to 20 cents on the dollar for their claims under a reorganization plan Vallejo, Calif., filed Tuesday in federal court.