The Craig Fahle Show

Bankruptcy Update: One Year Later

Tuesday, July 15, 2014

WDET's bankruptcy reporter and Next Chapter Detroit blogger Sandra Svoboda and Detroit Free Press reporter Matt Helms join Craig to discuss Detroit's financial crisis and what's been happening in the city, one year since filing for bankruptcy.

Sandra says a common response to Detroit’s bankruptcy is “people saying ‘show me what the bankruptcy has done,’” and both she and Helms agree that the bankruptcy is still very much a court operation. However, as the city continues through the process, some of the real changes will begin to become apparent by this fall.

Some things have started to change already, though. “They are reducing police response time but it’s still not where the police department wants to be,” says Helms.

As far as immediate happenings, there are some significant hearings happening this week. Today, the judge will hear from some individual objectors, a group of about 80 people, who are considered a cross section by the judge, and are just a handful of hundreds of others who take issue with Detroit’s Emergency Manager Kevyn Orr, among others involved in the city’s bankruptcy proceedings.

“But beyond that there’s a lot of personal impact,” says Sandra of the people who are understandably upset and still unsure about just how much some of the provisions of the “grand bargain” will hurt them.

--Annamarie Sysling



Find more coverage of Detroit's bankruptcy and its impact on people and neighborhoods on WDET's Next Chapter Detroit blog.

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