Going broke: Bankrupt municipalities

POSTED: 9:56 AM Jul 11 2012   UPDATED: 11:45 AM Nov 07 2014

A federal judge on Friday approved Detroit's 16-month-long plan to emerge from the largest bankruptcy in U.S. history, WDIV reported. Take a look at all the U.S. cities that have gone broke.

Bankrupt Cities - Generic1
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Since 1937, when bankruptcy became an option for municipalities, an estimated 625 government bodies have filed for Chapter 9 protection, according to ABC News. Here are the most recent, and some of the most notable:

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