Published On: Jul 11 2012 10:56:08 AM CDTUpdated On: Nov 07 2014 12:45:03 PM CST
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.
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: