What Bankruptcy Means For Detroit Residents, Businesses04:34
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In this July 17, 2013, aerial photo is the city of Detroit. (Paul Sancya/AP)
In this July 17, 2013, aerial photo is the city of Detroit. (Paul Sancya/AP)

Swamped by 18-billion-dollars in debt, Detroit's state-appointed emergency manager Kevyn Orr has filed the largest-ever municipal bankruptcy in American history.

The filing sets the stage for a battle with the city's creditors and raises all kinds of questions about city services and whether retired city workers will get their pensions.

But Orr says the bankruptcy is the "first step toward restoring the city."

We look at whether residents can still access city services, and how the bankruptcy filing will affect parts of the city that are seeing growth.

Guest

This segment aired on July 19, 2013.

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