bankruptcy
- Home
- bankruptcy
Harrisburg’s newest treasurer brings passion to politics
- News
- February 9, 2012
Twenty-four-year-old John Campbell was recently elected as the city of Harrisburg’s new treasurer. Campbell was elected in November 2011 and sworn into office in January 2012. Campbell now faces a huge task: tackling the city’s $317 million debt crisis. With only a $53 million annual budget with which work with, Campbell is motivated to work
READ MORE
Harrisburg problems continue amid politicians’ 3 percent raise
- News
- December 9, 2011
A judge turned down Harrisburg’s bankruptcy case, and now the city needs to rehabilitate its financial situation under the state’s guidance. The case was dismissed because it violated the state’s rules laid out for financially struggling cities. The code that was violated is Chapter 9 of the bankruptcy code. Chapter 9 of the bankruptcy code
READ MORE
Pennsylvania capital fights bankruptcy filing
- News
- October 27, 2011
On Monday Oct. 17, a federal judge heard arguments about whether Harrisburg, Pa., could move ahead with a bankruptcy petition. The mayor of Harrisburg is fighting a 4-to-3 City Council vote that allowed the city to file for bankruptcy. The city is now hundreds of millions of dollars in debt, with six pending lawsuits. The
READ MORE
Advertising mail aids suffering United States Postal Service
- News
- October 21, 2011
The Sept. 30 deadline that the United States Postal Service (USPS) had been issued to pay its financial obligations has passed. What’s the verdict? It appears that students will still receive letters from friends, birthday cards from their grandparents and care packages from their parents. What has been the saving grace, the answer that the
READ MORE