- Associated Press - Thursday, March 27, 2014

DETROIT (AP) - Lawyers for Detroit plan to file an updated plan to pay off creditors while helping the city get through its historic bankruptcy.

The city said in a court filing Thursday that an amended plan of adjustment and disclosure statement will come Monday. The documents are expected to include revisions from creditors’ requests for information.

Federal Bankruptcy Judge Steven Rhodes also granted Detroit’s motion for a two-day postponement of Tuesday’s deadline for objections to the disclosure statement and April 8 deadline for the city’s response.

Police and fire retirees spokesman Bruce Babiarz says the adjustment plan from state-appointed emergency manager Kevyn Orr still is “dead on arrival” because “it’s full of blanks and not acceptable to pensioners as written.”

Orr says Detroit’s debt is $18 billion or more.

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