San Bernardino Seeks Bankruptcy Protection

San Bernardino, facing the possibility of missing payroll, becomes California's third city in weeks to authorize a bankruptcy filing.San Bernardino on Tuesday became the third California city in less than a month to seek bankruptcy protection, with officials saying the financial situation had become so dire that it could not cover payroll through the summer.

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  • San Bernardino Bankruptcy: California City Seeks Protection From Creditors In US Bankruptcy Court
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  • San Bernardino seeks bankruptcy protection
    San Bernardino on Tuesday became the third California city in less than a month to seek bankruptcy protection, with officials saying the financial situation had become so dire that it could not cover payroll through the summer. The unexpected vote came at ...
    07/11/2012 - 12:29 pm | View Link
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