This study examines the impact of changes in homestead exemption levels upon the consumer bankruptcy filing rate. This … effect on the applicable dependent variable. Four dependent bankruptcy variables were employed: per capita total consumer-bankruptcy … filings, per capita Chapter 7 consumer-bankruptcy filing rate, per capita Chapter 13 bankruptcy filing rate, and Chapter 7 …

Bankruptcy is the legal process whereby financially distressed firms, individuals, and occasionally governments resolve … their debts. The bankruptcy process for firms plays a central role in economics, because competition drives inefficient … corporate bankruptcy is to reduce the cost of default by having a government-sponsored procedure that resolves all debts …

reform of Chapter 13 that would allow homeowners to strip down the value of their mortgages in a prepackaged bankruptcy. Such … rubber stamp by a bankruptcy judge or other official, thus preserving judicial resources. Other plans, including that of the …

This paper provides an overview of key elements of Corporate Bankruptcy Codes and Practice around the world that are … relevant to the debate on Sovereign Debt Restructuring. It highlights four components common to most bankruptcy reorganization …

The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act limited homestead exemptions and imposed means test to …

protection of the American bankruptcy code for a holding period of between 1 and 5 months after the announcement date. …