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"City will be going after only those seeking to profit off real estate, not individual homeowners. The City of Detroit plans to file nearly 600 lawsuits, against mostly banks and companies, to recover over $12.2 million in unpaid property taxes owed from 2010-12.", michronicleonline.com
"DETROIT (AP) — Banks, investment firms and other companies owing property taxes to Detroit beware — the city is tired of waiting for its money. 'For too long, there are those who chose not to pay what they owed in taxes, leaving everyone else to pay the price,' Detroit Treasurer and Deputy Chief Financial Officer David Szymanski said Wednesday in a release. The city also will attempt to get back taxes owed to Wayne County, the Wayne County Community College District and Detroit's public schools.", www.sfchronicle.com
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