Tag Archives: bankruptcy

Stockton is not Detroit, for better or worse

Earlier this month, Detroit filed for bankruptcy, knocking Stockton from its perch as the most populous city to have ever gone broke. Suffering from $18 billion in debt, bankruptcy was pretty much inevitable. Since the news broke, the media has been unable to resist the comparisons between Mo Town and Stock Town. However, while the […]

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On Bankruptcy: How hitting rock bottom can make Stockton stronger in the long run

By the end of this week, Stockton will have formally declared for chapter 9 bankruptcy protection in what will go down as possibly the most infamous day in the 162 year history of the city. No matter your stance on the issue, bankruptcy is now a foregone conclusion. The real question now is how will […]

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