contract driven bankruptcy system to the court driven system, and their implications for failed VC funded firms. This paper … put into the bankruptcy system for liquidation/ reorganization because the realized value from the small firms often do … not cover the cost of the bankruptcy process. Consequently, it is difficult to ascertain the impact of corporate …

significant in determining both consumer bankruptcy filings and delinquency even after controlling for household demographics …. Furthermore, I show that unemployment and the debt/wealth ratio also affect the choice of whether to file for bankruptcy under …

This paper studies the influence of bankruptcy law (depending on whether the law is pro-lenders or pro-borrowers) on … model that capture the design of bankruptcy law, showing their influence on the probability of strategic bankruptcy and on …

Several studies attributed the rise of household bankruptcy in the past two decades to the decline of social stigma … and can account for one third to half of the increase in the number of bankruptcy filings from 1992 to 1998. …

central bank’s increase in interest rates, especially when the home owner is on a variable interest rate mortgage, the value …