Category Archives: Bankruptcy


Underfunded Pensions in PA May Lead to Bankruptcy

Pennsylvania’s underfunded public pensions may soon become a nightmare for the Keystone State’s taxpayers, if it hasn’t already gotten there. Based on 2011 data accrued by the Pennsylvania Employee Retirement Commission, 573 of the state’s 1,218 municipalities have underfunded budgets, totaling more than a $6 billion deficit. In addition, two of the state’s pension plans……
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Actress Files for Chapter 7 Bankruptcy

It is estimated that about half of the marriages in the United States will ultimately end in a divorce.