{"id":4392,"canonical_url":"https://www.kudos365.com/today-in-history/events/2013ce-jul-18--4392","name":"2013 CE, July 18","year":2013,"era":"CE","month":7,"day":18,"url":"https://www.kudos365.com/today-in-history/events/2013ce-jul-18--4392","iso-date":"2013-07-18","precision":"year-month-day","description":"\u003cp\u003eThe city of Detroit files for Chapter 9 bankruptcy marking the largest municipal bankruptcy filing in U.S. history. The city faced a staggering debt of $18-20 billion, with revenue shortfalls and high pension obligations as a result of the city's long-term financial decline, high unemployment, rising crime rates, declining population and a shrinking tax base. The city officially emerged from bankruptcy in December 2014. \u003ca href=\"https://www.thompsoncoburn.com/insights/eight-things-we-learned-from-the-detroit-bankruptcy/\"\u003eMore\u003c/a\u003e\u003c/p\u003e","additional_details":"","photo":"https://k365fs.imgix.net/HP6vSunpQNQzXiQDyeXg_Detroit_Skyline_(123143197)%202015%20PD-O.jpeg?auto=format,compress\u0026fit=clip\u0026max-w=1600","photo_width":1024,"photo_height":540,"created_at":"2025-07-18T13:16:50-07:00","updated_at":"2025-07-18T13:29:27-07:00","breadcrumbs":{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"July History","item":"https://www.kudos365.com/today-in-history/july"},{"@type":"ListItem","position":2,"name":"July 18","item":"https://www.kudos365.com/today-in-history/july-18"}]},"schema":{"@context":"https://schema.org","@type":"Thing","@id":"https://www.kudos365.com/today-in-history/events/2013ce-jul-18--4392#eventK365","name":"2013 CE, July 18","headline":"The city of Detroit files for Chapter 9 bankruptcy marking the largest municipal bankruptcy filing in U - 2013 CE","description":"The city of Detroit files for Chapter 9 bankruptcy marking the largest municipal bankruptcy filing in U.S. history. The city faced a staggering debt of...","url":"https://www.kudos365.com/today-in-history/events/2013ce-jul-18--4392","additionalType":"HistoricalEvent","inLanguage":"en","datePublished":"2025-07-18T13:16:50-07:00","dateModified":"2025-07-18T13:29:27-07:00","publisher":{"@id":"https://www.kudos365.com/#organizationK365"},"image":{"@type":"ImageObject","url":"https://k365fs.imgix.net/HP6vSunpQNQzXiQDyeXg_Detroit_Skyline_(123143197)%202015%20PD-O.jpeg?auto=format,compress\u0026fit=clip\u0026max-w=1600","width":1024,"height":540},"temporalCoverage":"2013-07-18","isPartOf":[{"@id":"https://www.kudos365.com/#websiteK365"},{"@type":"CollectionPage","@id":"https://www.kudos365.com/today-in-history/july","name":"What Happened in July History"},{"@type":"CollectionPage","@id":"https://www.kudos365.com/today-in-history/july-18#pageK365","name":"What Happened on July 18"}]}}