Detroit Bankruptcy Ruling Coming

According to reports from WSJ, Detroiters will find out on Tuesday, Dec.3rd if Detroit is eligible for bankruptcy:

If Judge Rhodes decides the city is eligible for bankruptcy protection, Detroit officials are expected to present a plan by mid-December for cutting Detroit’s debt and reinvesting in depleted municipal services.

Detroit filed the largest municipal bankruptcy case in U.S. history in July, citing roughly $18 billion in debt. The bankruptcy filing was made by Detroit Emergency Manager Kevyn Orr

About Post Author

Miss AJ Williams

AJ Williams is a spiritual & wellness educator, speaker, author, and travel enthusiast with experience in print, radio, and television. She is currently Michigan Chronicle’s managing editor, City.Life.Style. editor and resident astrologer. Follow her on IG, TikTok and Twitter @MissAJWilliams — www.MissAJWilliams.com or email: aj.williams@michronicle.com

See author's posts