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Residents worry if bankruptcy will better Detroit

Associated Press
Residents worry if bankruptcy will better Detroit

FILE - This Oct. 24, 2012 file photo shows an empty field north of Detroit's downtown. Detroit, which on Thursday, July 18, 2013, filed the largest municipal bankruptcy case in American history, owes as much as $20 billion to banks, bondholders and pension funds. The city can get rid of its gargantuan debt, but a bankruptcy judge can’t bring back residents or raise its dwindling revenue. (AP Photo/Carlos Osorio, File)

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