We use data from the US airline industry to investigate whether firms that are under bankruptcy protection, as well as … delays and cancelations are less frequent during bankruptcy filings but return to their pre-bankruptcy levels once the … bankrupt firm emerges from bankruptcy. We also find that firms use Chapter 11 filings to permanently reduce the age of their …

We investigate the effects of Chapter 11 bankruptcy filings on product market competition using data from the US …-specific prices while under bankruptcy protection, and increase them after emerging. We do not find robust evidence of significant … hypothesis that bankruptcy is the result of a war of attrition over capacity and network cutbacks. …

bankruptcy filers. In particular, our data allow us to distinguish between Chapter 7 and Chapter 13 bankruptcy filings, to … after bankruptcy filing, most filers have much reduced access to credit in terms of credit limits, and the impact seems to …). Our results, in contrast to prior studies, thus suggest that the current bankruptcy system does not appear to provide much …

mortgages to the current market value of the property for homeowners in Chapter 7 or Chapter 13 bankruptcy. Strip-down of … mortgages in bankruptcy was proposed as a means of reducing foreclosures during the recent mortgage crisis but was blocked by … lenders. Our goal is to determine whether allowing bankruptcy judges to modify mortgages would have a large adverse impact on …

We build a structural model of Chapter 13 bankruptcy that captures salient features of personal bankruptcy under … Chapter 13. We estimate our model using a novel data set we construct from bankruptcy court dockets recorded in Delaware … 13 outcomes under the restrictions imposed by the bankruptcy law. We use the estimated model to conduct policy …

We use data from the US airline industry to investigate whether firms that are under bankruptcy protection, as well as … delays and cancelations are less frequent during bankruptcy filings but return to their pre-bankruptcy levels once the … bankrupt firm emerges from bankruptcy. We also find that firms use Chapter 11 filings to permanently reduce the age of their …

We investigate the effects of Chapter 11 bankruptcy filings on product market competition using data from the US … under bankruptcy protection, and increase them after emerging. We do not find robust evidence of significant changes by the …

consumer bankruptcy filers. In particular, the authors’ data allow them to distinguish between Chapter 7 and Chapter 13 … bankruptcy filings, to observe changes in credit demand and credit supply explicitly, and to differentiate existing and new … credit accounts. The paper has four main findings. First, despite speedy recovery in their risk scores after bankruptcy …