Vallejo, Calif. Files for Bankruptcy

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Vallejo, Calif. Files for Bankruptcy
The Vallejo, Calif., City Council voted late Tuesday to file for bankruptcy. The city council unanimously approved the decision, saying it didn’t have enough money to pay its bills, which several reports say is due in large part to the San Francisco suburb’s failure to get any concessions from police and firefighters unions. The municipality is also seeking concessions from the Int
 
Topic: Government & Collections