Tag: detroit bankruptcy

    detroit_files_for_bankruptcy.jpg

    Detroit Files For Chapter 9: Read the Full Bankruptcy Filing

    Page 1 of 2 Gov. Rick Snyder today authorized Detroit’s emergency manager to seek federal bankruptcy protection for the city, saying it was the only viable option to provide the 700,000 people of Detroit with the public services they need and to restore the city. “The fiscal realities confronting Detroit have been ignored for too long. I’m making …