Bankrupt Jefferson County, Ala., has formally set its next hearing on sewer system rates for July 24. No specific rate proposal has been proposed.
Creditors were invited to make presentations, though they declined to appear at the hearing, according to a court filing Tuesday. They said their position is well known, and that is to have the county repay more than $3 billion borrowed from investors. The creditors did offer to meet with the county to discuss terms of repaying the debt.