Jefferson County, Ala., could take a major step this week toward ending it historic bankruptcy by announcing deals with some creditors who hold $3.14 billion in sewer system debt, the Birmingham News reported yesterday. The Jefferson County Commission has a closed door meeting scheduled today with lawyers to discuss planned support agreements with sewer creditors. On Wednesday, the county has a status conference scheduled with Chief U.S. Bankruptcy Judge Thomas Bennett to offer more details on its bankruptcy exit plans. The agreements grew out of a series of meetings between county officials and creditors held last month.
