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Bankruptcy

: Arizona Bankruptcy Attorney Blog

Should States Be Permitted to File Bankruptcy? It's Like a Ping-Pong Game!

By Joseph McDaniel, Esq.

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Recently I've been intrigued by the currently-popular idea that States should be permitted to file bankruptcy.

Since I'm a simple back-country bankruptcy attorney, I'm not smart enough to have made a decision yet; I can see some nice arguments for State Bankruptcy, and some against permitting them to file.

But I get a kick out of the stream of articles coming off the conveyor belt on this topic; it apparently touched a nerve.

Recently I linked to a Jeb Bush/Newt Gingrich piece saying that States should be able to file bankruptcy.

Today, I ran into a nice article saying that they shouldn't! 

Enjoy!

Contact an Arizona Bankruptcy Attorney 
NOTHING IN THIS BANKRUPTCY BLOG CONSTITUTES LEGAL ADVICE RE A CHAPTER 7, CHAPTER 13, CHAPTER 11, OR CHAPTER 12. FIND AN ARIZONA BANKRUPTCY ATTORNEY WHO IS BOARD CERTIFIED IN BANKRUPTCY LAW, AV RATED, AVVO 10, ON SUPERLAWYERS, OR JUST VERY EXPERIENCED AND A FORMER CHAIR OF SOME BANKRUPTCY THINGIE. NOTHING HERE MAY BE USED AS LEGAL ADVICE IN CONNECTION WITH ANY BANKRUPTCY, WHETHER THAT BANKRUPTCY IS IN PHOENIX, GLENDALE, TEMPE, MESA, SCOTTSDALE, GILBERT, CASA GRANDE, OR ANYWHERE ELSE IN ARIZONA!

Full post as published by Arizona Bankruptcy Attorney Blog on January 29, 2011 (boomark / email).

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