Largest Municipal Bankruptcy Filing

In the case is In re Jefferson County, 11-05736-9, U.S. Bankruptcy Court, Northern District of Alabama,  Jefferson County, Alabama filed for Chapter 9 protection under the US Bankruptcy Code. This stemmed from the County not being able to refinance $3.1 Billion in sewer bonds.  This is the 12th filing of a Chapter 9 bankruptcy this year by municipalities.  Good luck to the county as the work through this troubling time.  As you may know, Jefferson County is where Birmingham, AL is located.   

Free Bankruptcy Evaluation

Free Bankruptcy Evaluation

First
Last
What type of debts do you have?

About Author

Terrance Leeders

Chicago Bankruptcy Lawyer, husband, father, Cubs fan.

Related Posts