A Look At Next Steps for Detroit

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  • Detroit
  • 071913 national detroit by the numbers skyline night
  • Detroit
  • Detroit
  • Detroit

What Will the Judge Do?

If the bankruptcy filing is approved, city assets could be liquidated to satisfy demands for payment. The city would propose a reorganization plan. The wide-ranging plan could include anything from selling assets, layoffs, changing union contracts and more. Then, the city would need the support of creditors to emerge from bankruptcy. (Photo: Yellow Dog Productions/Getty Images)

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