On Air Now

Listen

Listen Live Now » 106.1 FM Lansing, Michigan

Weather

Current Conditions(Holt,MI 48842)

More Weather »
64° Feels Like: 64°
Wind: SSE 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Scattered Thunderstorms 78°

Tonight

Scattered Thunderstorms 68°

Tomorrow

Thunderstorms 84°

Alerts

Bankruptcy not a good option for Detroit

by
A general view of downtown Detroit's skyline in Detroit
A general view of downtown Detroit's skyline in Detroit

DETROIT (WKZO) -- Experts warn the City of Detroit to avoid bankruptcy if possible.

Political and legal battles continue to stall the release of millions of dollars in bond funding by the state.  Financial and legal experts warn that Detroit should prepare itself for a long, costly battle if forced to declare bankruptcy.

If Detroit was to go bankrupt, it would be the biggest city ever to file for bankruptcy protection in American history.

Comments