Which city in California has gone bankrupt?

Answer The city of Vallejo, California went bankrupt in 2008 after it ran out of funds during a declining housing market. According to Bloomberg News, Desert Hot Springs, California also went bankrupt in ... Read More »

Top Q&A For: Which city in California has gone bankrupt

Can a city go bankrupt?

Cities and other municipalities, including counties, may file for bankruptcy under chapter nine of the Federal Bankruptcy Code. The largest major bankruptcy filing under this act was the 1994 filin... Read More »

How many times has California gone bankrupt?

California has never gone bankrupt and cannot declare bankruptcy as of 2010, according to "Slate" magazine. If a state cannot pay its debts it goes into receivership--where a judge and accountant m... Read More »

California City Colleges?

The benefits of attending a California city college include the access students gain to urban transportation and convenience within an urban area. These are community colleges located in the heart ... Read More »

In which city in California is Disneyland?

Disneyland is located in Anaheim, California. Disneyland opened in 1955 in what once was an orange grove. In 2001, California Adventure opened next to Disneyland. Anaheim, founded in 1857 by German... Read More »