The city of Detroit is
working hard to adjust its debts and now, there is a new plan that could help
them overcome bankruptcy. The “grand bargain” plan has been approved by 82% of
police and fire retirees and would go a long way in helping the city get back
on its feet. The plan would make most retirees face a 4.5% pension cut –but it
would help Detroit fix their debt problems and invest in services that would
help secure the city’s financial footing.
Issues like the city’s
water shutoff are serious and residents of Detroit are determined to find a
solution as soon as possible. The plan will be presented to the bankruptcy
judge (Steven Rhodes) at a hearing on Monday, July 28th. Kevyn Orr,
Detroit’s emergency manager and planner of the “grand bargain” is confident
that the plan will lead the city in a positive direction.
If you or someone you know has been involved in a car
accident in Detroit, Grand Rapids, Warren, Sterling Heights, Lansing,
Flint, Ann Arbor, Livonia, Dearborn, Canton, Westland, Troy, Farmington Hills,
Southfield, Waterford or any other city in Michigan, make
sure to contact Motor City Accident Attorneys by calling 1-800-411-PAIN. Motor
City Accident Attorneys know how stressful a car accident can be and
want to help you get back on your feet. They will fight tirelessly for your
rights and help you get the compensation you deserve, according to your
specific case. Make sure to follow Motor City Accident Attorneys on
Twitter (@MCAccidentAtty) and join the conversation #MCAA.
