Michigan Governor Rick Snyder announced the move citing mismanagement by city officials, over the last several decades.
Snyder said that all other options had been exhausted and that bankruptcy was the only way for the city to move forward.
Detroit is not the first US city to file for bankruptcy, but is by far the largest to do so.
It also has the largest amount of debt, of any city that has filed, with debt nearing twenty billion dollars.
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