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. …

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 …

brink of bankruptcy. In one case, AIG used securities lending to transform insurance company assets into residential … mortgage-backed securities (RMBS) and collateralized debt obligations (CDOs), ultimately losing at least $21 billion and …

that a household with a bankruptcy record is about 30% more likely to lose home ownership and consequently the mortgage …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 …