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According to reports from WSJ, Detroiters will find out on Tuesday, Dec.3rd if Detroit is eligible for bankruptcy:

If Judge Rhodes decides the city is eligible for bankruptcy protection, Detroit officials are expected to present a plan by mid-December for cutting Detroit’s debt and reinvesting in depleted municipal services.

Detroit filed the largest municipal bankruptcy case in U.S. history in July, citing roughly $18 billion in debt. The bankruptcy filing was made by Detroit Emergency Manager Kevyn Orr

Read more http://www.michronicleonline.com/index.php/news-briefs-original/15737-detroit-bankruptcy-ruling-coming

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