15:27
Tieng Anh Vui
Source BBC News@ tienganhvui.com
Đăng ký: Tieng Anh Vui
18 July 2013 Last updated at 16:33 ET
Detroit, Michigan, which owes at least $15bn (£10bn), has become the largest US city to file for bankruptcy.
State-appointed emergency manager Kevyn Orr asked a federal judge for permission to place the city into bankruptcy protection.
If approved, he would be allowed to liquidate city assets to satisfy creditors and pensions.
Detroit stopped unsecured-debt payments last month to keep the city running as Mr Orr negotiated with creditors.
Đăng ký: Tieng Anh Vui
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