Bankruptcy Court Judge Thomas Bennett http://apr.org en Ala. Judge Approves Jefferson Co. Bankruptcy Exit Plan http://apr.org/post/ala-judge-approves-jefferson-co-bankruptcy-exit-plan <p></p><p>A federal judge has approved Jefferson County's plan to exit the second-largest municipal bankruptcy in U.S. history.</p><p>Bankruptcy Court Judge Thomas Bennett said Thursday he's approving the county's plan to cut and refinance its debt.</p><p>The county filed for bankruptcy in November 2011, citing more than $4 billion in debt. It was the nation's largest municipal bankruptcy until Detroit filed this year for $18 billion.</p><p>The bulk of Jefferson County's debt was more than $3 billion from sewer construction.</p> Thu, 21 Nov 2013 22:53:06 +0000 The Associated Press 42016 at http://apr.org Ala. Judge Approves Jefferson Co. Bankruptcy Exit Plan