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Bankruptcy

: Arizona Bankruptcy Attorney Blog

Bankruptcy Rumblings Worry California?

By Joseph McDaniel, Esq.

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Why?

It's the same with bankruptcy as with drugs. Even if you are offered a bankruptcy, you can...just say no!


Permitting a State to file a bankruptcy is not the same as forcing a state to file a bankruptcy.

In fact, all a State has to do to avoid filing a bankruptcy is to...spend less!

And only if a State is utterly incapable of reining in its own spending would a bankruptcy make any sense.

So, which States do you think will file first?

Contact an Arizona Bankruptcy Attorney 

Full post as published by Arizona Bankruptcy Attorney Blog on January 31, 2011 (boomark / email).

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