Detroit’s Bankruptcy Judge has issued a ruling stating that he cannot force the City of Detroit to not shut off water for residents. Bankruptcy lawyers for both the city and advocacy groups submitted briefs regarding the issues. The bankruptcy court ultimately decided that bankruptcy law does not allow such a ruling. Detroit’s bankruptcy judge today […]
Archives for September 2014
Detroit’s Grim Financial Condition Leading to Bankruptcy
Vox has a good article regarding Detroit’s finances leading to the city’s bankruptcy. The story shows how common rhetoric and supposition gets it wrong. Detroit, and most of its workers, much like most consumer debtors that file bankruptcy, were not living in luxury. Many times there is a stigma attached to consumer debtors who file […]
Southfield, Michigan Hosts Mid-Century Architecture Tour
For those interested in mid-20th Century architecture, the City of Southfield, Michigan, is hosting a tour of its city’s buildings that sprung up during the 1960’s. At that time, Southfield was Michigan’s fastest growing city. The tour will visit both residential and commercial buildings from that period. For more information, please click through to the […]
Detroit Bankruptcy Plan Lays Out Road Map for City’s Future
The City of Detroit’s CFO testified on Thursday regarding the feasibility of the Detroit Bankruptcy Plan. He also stated that he believes the plan operates as a road map to guide city officials in the future. Similarly, when an individual debtor meets with a bankruptcy attorney prior to any case being filed, the goal is […]
Detroit Bankruptcy Plan Confirmation Hearing to Start 9/2/2014
The City of Detroit’s bankruptcy attorneys are currently preparing for the confirmation hearing of the city’s plan. In most Chapter 13 bankruptcies, which allows for reorganization of individual debtors, most confirmation hearings are mere formality. Bankruptcy attorneys for the debtor typically can resolve all issues with the creditor’s bankruptcy lawyers. In addition, bankruptcy attorneys typically […]
