When writing a blog post or web site article about cities in California that have filed for Chapter 9 bankruptcy, you can use the photos below to illustrate your story.
City of Stockton
The City of Stockton filed a petition for chapter 9 bankruptcy relief on June 28, 2012, and the petition was accepted on April 1, 2013.
City of San Bernardino
The City of San Bernardino filed a petition for chapter 9 bankruptcy relief on August 1, 2012, and the petition was accepted on August 28, 2013.
City of Vallejo
The City of Vallejo filed a petition for chapter 9 bankruptcy relief on May 23, 2008, and the petition was accepted on September 5, 2008. It was released from bankruptcy on November 1, 2011. A November 2, 2013 op-ed by a departing Vallejo City Council member in the Sacramento Bee (Vallejo Poised to Make Same Financial Decisions that Led to Bankruptcy) and an article in the November 2, 2013 Vallejo Times-Herald (Two Years Later, No One Predicts Bankruptcy II,… But) indicate the city’s long-term finances remain shaky.
Town of Mammoth Lakes – Bankruptcy Never Accepted
The Town of Mammoth Lakes filed a petition for chapter 9 bankruptcy relief on July 3, 2012, primarily because it lost a lawsuit filed by a developer and was liable for $43 million. The Bankruptcy Court put the town and the developer in a successful mediation process, and the petition was dismissed on November 16, 2012.
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