Chapter 9 and public pensions

Mar 18, 2014 By: C. Richard McQueen

The filing in 2013 of a Chapter 9 Bankruptcy Proceeding by the City of Detroit highlights again the growing problem of cities not being able to pay for public pensions.

Bankruptcy filings continue to fall

Feb 27, 2014 By: C. Richard McQueen

The U.S. Bankruptcy Courts released their Report for 2013, and it shows that total filings are continuing to go down.