Jeffco Commission faces big week for bankruptcy - WALB.com, South Georgia News, Weather, Sports

Jeffco Commission faces big week for bankruptcy

BIRMINGHAM, AL (WBRC) -

This is a pivotal week for Jefferson County's fight to get out of Chapter 9 bankruptcy.

If the county's creditors do not come up with a way to fill in a $350-million hole in the county's exit plan by the end of the week, the commission says it will tear up its agreements and try another plan. That would probably mean more lawsuits and the county being in Chapter 9 for another 12-18 months.

Commissioners David Carrington and Jimmie Stephens traveled to New York last week to meet with some of the creditors.

Stephens says he believes the creditors are considering the county's request but there was no response by the county's 4 p.m. deadline.

Under the current plan, the county would get out of bankruptcy by Christmas.

Copyright 2013 WBRC. All rights reserved.

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • The Latest: Irma weakens into a tropical depression

    The Latest: Irma weakens into a tropical depression

    Monday, September 11 2017 3:27 AM EDT2017-09-11 07:27:29 GMT
    Tuesday, September 12 2017 2:42 AM EDT2017-09-12 06:42:09 GMT
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
  • Rossini’s ‘Cinderella’ comes to Albany

    Rossini’s ‘Cinderella’ comes to Albany

    Thursday, September 21 2017 1:39 PM EDT2017-09-21 17:39:43 GMT
    (Source: AAAC)(Source: AAAC)

    The Peach State Opera, Georgia’s premiere touring opera company, will perform Rossini’s classic musical comedy, La Cenerentola (Cinderella).

    More >>

    The Peach State Opera, Georgia’s premiere touring opera company, will perform Rossini’s classic musical comedy, La Cenerentola (Cinderella).

    More >>
  • Phoebe to offer free 3-D mammograms in October

    Phoebe to offer free 3-D mammograms in October

    Thursday, September 21 2017 1:09 PM EDT2017-09-21 17:09:40 GMT
    (Source: Rhoda Baer/National Cancer Institute)(Source: Rhoda Baer/National Cancer Institute)

    To recognize Breast Cancer Awareness Month, Phoebe's Carlton Breast Health Center is offering 100 free 3-D mammograms. 

    More >>

    To recognize Breast Cancer Awareness Month, Phoebe's Carlton Breast Health Center is offering 100 free 3-D mammograms. 

    More >>
Powered by Frankly