Stockton, CA

City of Stockton Bankruptcy

Posted on January 13, 2016 · Posted in Bankruptcy

STOCKTON, CA — After nearly four years of addressing financial issues, the city of Stockton’s bankruptcy woes are over.

The final creditor holdout, Franklin Investments, decided to let Monday’s deadline for an appeal of the bankruptcy decision pass without filing. That means there is no further worry that the bankruptcy plan approved last year will unravel because Franklin thought it was unfair.

Franklin had lost an earlier appeal, too. This would have been an appeal of that decision.

Learn more: http://www.recordnet.com/article/20160112/NEWS/160119937

1151 W Robinhood Dr C8
Stockton, CA 95207 US
(209) 475-0499

Our attorneys help with Chapter 7 & Chapter 13 Bankruptcy.