LISTEN LIVE KPR - On Air: Listen Live to classical, jazz and NPR news Schedule LATEST
KPR 2 - On Air: Listen live to KPR's all talk-radio service, KPR2 Recordings

Share this page              

Detroit's Bankruptcy Is Over, Michigan's Governor Says

Michigan Gov. Rick Snyder said today that Detroit's bankruptcy, the largest municipal bankruptcy in U.S. history, will end at 12:01 a.m. ET on Thursday.

"The financial emergency in the city of Detroit will be defined as wrapping up today," Snyder said at a news conference in Detroit.

He said paperwork to officially end the bankruptcy would be approved later today. The move comes a month after a federal judge approved a strategy for the city to exit bankruptcy.

Kevyn Orr, the city's emergency manager, said he would step down following today's announcement. Snyder tapped Orr for the job in March 2013 soon after the governor said Detroit was in a financial emergency.

"We look forward, truly, to a better time for the city going forward," Orr said at the news conference. "More importantly it's time for me now to step back and return the city to its regular order."

The city filed for bankruptcy on July 18, 2013, making it the largest municipal bankruptcy in U.S. history.

As NPR's Scott Neuman reported, the plan put forward by Orr in November "calls for shedding $7 billion in debt, investing more than $1 billion in city services and borrowing hundreds of millions of dollars to implement the overall plan." The city had already reached deals with nearly all its creditors that at first were against the plan.

Once the city exits bankruptcy, Mayor Mike Duggan, to whom Orr handed back in September many of his extraordinary powers over the government, and the Detroit City Council will be able to regain control of governance.

Copyright 2014 NPR. To see more, visit

Tower Frequencies

91.5 FM KANU Lawrence, Topeka, Kansas City
96.1 FM K241AR Lawrence (KPR2)
89.7 FM KANH Emporia
99.5 FM K258BT Manhattan
97.9 FM K250AY Manhattan (KPR2)
91.3 FM  KANV Junction City, Olsburg
89.9 FM K210CR Atchison
90.3 FM KANQ Chanute

See the Coverage Map for more details

Contact Us

Kansas Public Radio
1120 West 11th Street
Lawrence, KS 66044
Download Map
785-864-4530 (Main Line)
888-577-5268 (Toll Free)