Tag Archives: Stockton

41% in Bankrupt Stockton Don’t Speak English at Home; 21% Can’t Speak It Very Well

In Stockton, Calif., which has just entered into Chapter 9 bankruptcy, 41 percent of the people do not speak English at home and 21 percent cannot speak it very well, according to the U.S. Census Bureau. Data that the Census Bureau … Continue reading

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Judge: Stockton, Calif., Can File for Bankruptcy

A judge accepted the California city of Stockton’s bankruptcy application on Monday, making it the most populous city in the nation to enter bankruptcy. U.S. Bankruptcy Judge Christopher Klein said the bankruptcy declaration was needed to allow the city to … Continue reading

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Scranton Mayor: Minimum Wage For All Or Become Stockton

The infamous city of Scranton, PA has had financial troubles for a couple of decades – losing population since the end of WWII – but as NPR reported this weekend, the $16.8 million budget gap that Mayor Chris Doherty is … Continue reading

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Stockton California Mediation Fails – Largest City in History to Declare Bankruptcy

What is Chapter 9 bankruptcy? Bob Deis, Stockton city manager, said the move is a legal method to prevent financial and legal chaos. The city is facing a budget shortfall of nearly $26 million and must, by state law, adopt a … Continue reading

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