Q. I just got married, and my wife just told me she had a bankruptcy three years ago when we first met. She never told me this before. What will this mean for us buying a house or a car and our financial future? (I’m not happy about this…)
“If they come up with something, great,” Christie said of a legislative compromise. “If they don’t, then bankruptcy would be the only option. And while I would regret having to go down that road, it is a road that I will have no choice but to go down.”
Lately the bumps for an industry that's brought wealth and jobs to this town are getting bigger -- bankruptcies of major producers, pollution rules that have made burning coal more expensive and the decline of a once-promising export market.
Atlantic City officials are entertaining the idea of declaring bankruptcy a day after several pieces of legislation that would help provide funding to the city failed to be signed into law by Gov. Chris Christie.
There seems little appetite from either Democrats or Republicans in Washington for a federal rescue of the birthplace of the automobile industry. Detroit now stands as the largest American city ever to file for bankruptcy protection.