From article:
...Orr laid out his plans to Detroit residents Monday evening at Wayne State University's Law School. The public informational meeting was required under Michigan's Local Financial Stability and Choice Act.
Orr, a Washington-based bankruptcy attorney, told about 250 people inside the law school auditorium -- as he has said since his March 25 hiring -- that he wants to steer Detroit clear of a Chapter 9 municipal bankruptcy. He is scheduled to meet Friday with dozens of creditors and debt-holders, including banks and unions.
He hopes to work out deals and reach concessions to cut deeply into Detroit's more than $14 billion in long-term debt.
At times Monday, Orr challenged and even implored residents to be part of the solution as he tries to right Detroit.
"You can call me bad names, but I need your help," he said. "This is not going to be easy. It's going to be hard, but we can do it."
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