City of San Bernardino California Filed Chapter 9 Bankruptcy
The City of San Bernardino filed bankruptcy on Wednesday, August 1, 2012. Just like individuals who get themselves in too much debt and can’t repay, this is what happened to the City of San Bernardino.
They will be on a pay with cash as they go basis for the next 60 days. I read recently where they may not have the cash to pay for trash removal.
What does this mean for the residents of San Bernardino?
Residents will have to find a way to get rid of their trash. There used to be a time we could take our trash to what we used to call “the dump” for free. Now that we pay trash removal services to have our trash removed, there may be a charge to take trash to the local landfill. See San Bernardino Department of Public Works website for more information.
I see the making of a great business opportunity by offering a trash removal service for San Bernardino residents. Before start-up, might be wise to check first with the City’s How to Start a Business to find out the City's requirements. Lemonade stands, like the local “dump”, aren’t free anymore.
If you need to sell your Loma Linda or Highland San Bernardino California home, please contact Pamela Seley, REALTOR® direct 951.491.4063 for assistance.