On Air Now

Current Show

Texas Corners Bible Church   10:00 AM - 10:30 AM

Text Traffic to 80373 for traffic updates

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
61° Feels Like: 61°
Wind: NNW 13 mph Past 24 hrs - Precip: 0.31”
Current Radar for Zip

Today

Scattered Thunderstorms 61°

Tonight

Partly Cloudy 41°

Tomorrow

Sunny 64°

Alerts

Bankruptcy judge sets date for Detroit, creditors

DETROIT (WKZO) -- U.S. Bankruptcy Judge Stephen Rhodes has ruled the City of Detroit will have to file its plan to restructure 18-billion dollars in debt by March 1st.

The time frame gives the estimated 100-thousand creditors Detroit owes time to object to the bankruptcy filing or negotiate with the city.  The judge also set several deadlines for creditors in the largest municipal bankruptcy case filed to date.

Rhodes will hold a conference on Friday to discuss the dates he set with the city and creditors.  He may also appoint a mediator to handle disputes between the city and creditors which could include the valuation of the city's pension funds.

Comments