Community Corner

Will Detroit's Bankruptcy Hurt White Lake, Highland?

With Detroit's Chaper 9 bankruptcy filing moving forward, some people have begun to wonder how it might impact the entire state of Michigan.

Some elected leaders have said local communities might be negatively affected, especially through higher interest rates being charged to them to borrow money.

State Treasurer Andy Dillon, however, says that's not the case and that Detroit’s financial troubles won't affect interest rates charged to other local governments in Michigan.

And then there are other concerns, too, including the mere stigma of being the first American city to go through a structured bankruptcy.

What do you think? Do you worry Detroit's finances might impact you where you live or are you more concerned with where Detroit was heading prior to its bankruptcy filing?


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here

More from White Lake-Highland