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Milwaukee YMCA Cleared to Emerge from Bankruptcy

Submitted by Anonymous (not verified) on

The YMCA of Metropolitan Milwaukee announced that its reorganization plan has been confirmed by a U.S. bankruptcy court, WISN.com reported on Friday. The organization voluntarily filed for chapter 11 protection in June 2014, and a reorganization plan, which was submitted on Nov. 30 and amended on Dec. 17. The plan approved by the court on Friday has been approved by all of the YMCA's major creditors.