Local News
| More

Stockton Votes To Stop Payments to Creditors, Start Mediation

Source: Los Angeles Times | Stockton, Calif. | March 1, 2012



Stockton's City Council voted this week to stop payments to creditors and enter a mediation process. It is the first city to resort to a recently enacted California law designed to slow a municipal bankruptcy filing.

View Full Story From Los Angeles Times

If you enjoyed this post, subscribe for updates.

Comments



Add Your Comment

You are solely responsible for the content of your comments. GOVERNING reserves the right to remove comments that are considered profane, vulgar, obscene, factually inaccurate, off-topic, or considered a personal attack.

Comments must be fewer than 2000 characters.
Most Viewed
This Section    |    Whole Site
Comments


Featured on Governing.com





GOVERNING Data

Events & Webinars

  • Putting Crooks on Notice: How you can fight Identity Fraud
  • October 24, 2013
  • Fraud is on the rise. There is evidence that fraud has permeated virtually every government-based benefit program at the state, local and federal level. The federal government estimates that three to five percent of public assistance dollars are lost each year to fraud, and tax related identity fraud has grown 650% since 2008.


More Events & Webinars


© 2011 e.Republic, Inc. All Rights reserved.    |   Privacy Policy   |   Site Map