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18/07/2013 The city of Detroit goes bankrupt

1:45

Detroit Is Largest US City to Go Bankrupt

4:35

Detroit files for bankruptcy

3:12

Whatever happened to Detroit filing for bankruptcy?

3:06

Detroit Bankrupt: Disaster Decades in the Making

The city of Detroit filed for Chapter 9 bankruptcy in July 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. Detroit is also the largest city by population in the U.S. history to file for Chapter 9 bankruptcy.
    • Essentials 

    • Background 

    • Bankruptcy filing 

    • Reaction 

    • Legal developments 

    • The Grand Bargain and the end of bankruptcy