HANSEN, MARY ESCHELBACH; HANSEN, BRADLEY A. - In: The Journal of Economic History 72 (2012) 02, pp. 448-468
The onset of the Great Depression did not spark a surge in personal bankruptcy. For debtors in default, state garnishment law played a significant role in the decision to file for bankruptcy. Only states that made it easy to garnish a debtor's wages experienced significant increases in...