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Since 1954, Mr. Spiotto said, more than 60 cities, towns, villages or counties have filed for Chapter 9. Of those, 29 were dismissed or resolved before reaching a final plan of debt adjustment.
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Hynix Semiconductor, talking with creditors for a fresh rescue plan covering more than $3 billion of debt, plans to sell 80.1percentt of its liquid crystal display unit to a group led by the Cando Corporation, a manufacturer of electronics products in Taiwan.
So they had not had the tough talk about how best to stanch the bleeding and work on a joint plan to get out of debt.
Martinsa said the filing followed its failure last week to raise €150m as part of a plan to refinance €4bn of debt.
Right now, along with steady payments that are double the required minimum on credit cards, that's my main plan to get out of debt.
Elan's decision to buy back $1 billion of stock, which coincided with Royalty Pharma's approach last week, reduces this risk somewhat as does its plan to refinance $600 million of debt.
In just a few minutes on the phone, you could have a plan to get out of debt cheaply.
Natalie Pace outlines the 10-step plan for getting out of debt.
When you understand how your credit behaviors affect your credit standing, it's easier to come up with a targeted plan to get out of debt, and to build your credit over time.
The company plans to increase sales of debt backed by auto loans, and analysts said the loan sale gave it another alternative for raising money.
Mr Winter notes that the Frenchman who heads UEFA, Michel Platini, especially dislikes the English Premier League and the astonishing financial power its clubs wield, in part through business plans built on mountains of debt.
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