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February 16, 2010

Chapter 9

Filed under: — Barry @ 6:30 pm

Chapter 9, entitled Adjustment of Debts of a Municipality, provides essentially for reorganization, much like a reorganization under chapter 11.   Only a “municipality” may file under chapter 9, which includes cities and towns, as well as villages, counties, taxing districts, municipal utilities, and school districts.

This law firm does not handle Chapter 9 Bankruptcies.

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