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Judge rules on Detroit's bankruptcy filing

DETROIT (WKZO) -- The city of Detroit meets the criteria for Chapter 9 bankruptcy protection.  In summarizing a 140-page rulin, Judge Stephen Rhodes said, in part, that Detroit no longer has the resources to provide residents with services and there is enough evidence to prove that the city is insolvent.

It is expected that emergency manager Kevyn Orr will file his restructuring plan as early as this week. It is also anticipated that hundreds of creditors will file appeals.

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