Detroit, Michigan declared bankruptcy in 2013 for several reasons including auto manufacturing moving overseas and pension and health care liabilities mounting to unsustainable levels.

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Detroit filed for Chapter 9 bankruptcy on July 18, 2013, due to a combination of declining manufacturing, population loss, a diminished tax base, and long-term financial mismanagement, including unsustainable pension and healthcare liabilities.

Detroit, Michigan Declared Bankruptcy in 2013 for Several Reasons Including