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Receiver unveils bold plan to lift Chester from bankruptcy

September 05, 2024 | Chester, Delaware County, Pennsylvania


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Receiver unveils bold plan to lift Chester from bankruptcy
In a recent installment of the mayor's lecture series, Chester's receiver, Michael Dowry, addressed the city's financial recovery efforts following a recent bankruptcy filing. The lecture, held on the first Tuesday of the month, was initially set to focus on landlord-tenant issues but shifted to highlight Dowry's plan of adjustment aimed at steering Chester towards financial sustainability.

Dowry's plan, filed in bankruptcy court, outlines strategies for the city's recovery and has been made publicly accessible on his official website. He also presented the plan during a livestream session, which can be viewed on the receiver's Facebook and YouTube pages. This presentation is part of ongoing efforts to keep the community informed about Chester's financial situation, which has seen significant challenges over the past few decades.

The lecture series, which began earlier this year, has featured various topics relevant to the community, including housing issues and health trauma. Dowry's participation marks a critical moment in Chester's journey towards financial stability, as he shared insights into operational challenges and the steps being taken to address them. The community's engagement in these discussions is vital as Chester navigates its path out of bankruptcy.

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