Detroit bankruptcy judge opens court to critics
Bankruptcy Law
A judge overseeing Detroit's bankruptcy is getting an earful from retirees who are opposed to the city's plan to get back on its feet.
Judge Steven Rhodes is giving dozens of people five minutes each to air their objections Tuesday. He held a similar hearing last fall on Detroit's eligibility to file for bankruptcy.
The critics include retired police officers, a librarian and other former workers. One woman says she doesn't believe Detroit is broke.
Rhodes will hold a trial on Detroit's bankruptcy strategy, starting Aug. 14. He must find that the exit plan is fair and feasible, among other things, in order for the city to shed billions of dollars in debt.
Voting by creditors ended last Friday. Those results will be released next Monday.
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