Top 5 Biggest Municipal Bankruptcies in U.S. History
| Municipal Bankruptcies | |
|---|---|
| Detroit, Michigan (2013) | 18 |
| Jefferson County, Alabama (2011) | 4 |
| Orange County, California (1994) | 2 |
| Stockton, California (2012) | 1 |
| San Bernardino County, California (2012) | 0.5 |
Bankruptcy amount ($billions)
Sources:
forbes.com
