Here’s the 4th Plan of Adjustment and Disclosure Statement

Here’s the 4th Plan of Adjustment and Disclosure Statement

The City of Detroit on Friday filed its latest Plan of Adjustment and Disclosure Statement — We have the version with marked changes from previous documents. The Plan of Adjustment is a detailed description of how the city intends to pay its debts over the next several years. The Disclosure Statement, according to bankruptcy law, is intended to provide “adequate information” to help evaluate the plan.

4.25.14 Redlined Plan of Adj and Disclosure Statement