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the LCFO's assets and liabilities are exempted from normal bankruptcy procedures, creating the potential for a disorderly … dismemberment of an insolvent LCFO. Nonetheless, however inconvenient they may be for bankruptcy administrators, the closeout …
Persistent link: https://www.econbiz.de/10001914221
"This paper characterizes the labor supply and borrowing of a household facing collateral requirements that limit its debt and compel it to accumulate equity in its durable goods stock. The household's discount rate exceeds the market rate of interest, so it would otherwise finance increased...
Persistent link: https://www.econbiz.de/10001952270
This paper examines the implications of bankruptcy law for owner managed firms. These firms are typically (i) smaller … bankruptcy procedures should address the role for capital contributions by owner managers as well. …
Persistent link: https://www.econbiz.de/10005519572
the LCFO's assets and liabilities are exempted from normal bankruptcy procedures, creating the potential for a disorderly … dismemberment of an insolvent LCFO. Nonetheless, however inconvenient they may be for bankruptcy administrators, the closeout …
Persistent link: https://www.econbiz.de/10005520019
brink of bankruptcy. In one case, AIG used securities lending to transform insurance company assets into residential …
Persistent link: https://www.econbiz.de/10011093787
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Focusing on home owners, the paper discusses the reduction in a household’s credit access due to bankruptcy filing and … its two effects that may deter a household from filing for bankruptcy. Empirical evidence presented in the paper suggests … that a household with a bankruptcy record is about 30% more likely to lose home ownership and consequently the mortgage …
Persistent link: https://www.econbiz.de/10010724493
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Remarks by Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago European Economics and Financial Center London, England
Persistent link: https://www.econbiz.de/10010769207