In 2018 there were almost three hundred thousand petitions filed under Chapter 13 of the Bankruptcy Code. But of this … this Article argues that the applicable bankruptcy code provisions, legislative history, policy, and canons of statutory …

In 2005, reforms made formal personal bankruptcy much more costly. Shortly after, the US began to experience its most … severe recession in seventy years, and while personal bankruptcy rates rose, they rose only modestly given the severity of … unsecured debt seen in the past three decades. We measure the relative roles of recent bankruptcy reform and labor market risk …

Administration (FHA) in the primary mortgage market. Utilizing a sample of loan originations aggregated at the zip code level, the …

defaulters have both negative equity and enough liquid or illiquid assets to make one month's mortgage payment. This finding …

Much of the literature on the economics of mortgage markets has studied the FRM-ARM choice made by individual borrowers … of optimal risk-sharing in mortgage contracts. But since only a small literature has studied this question, more research …'s (1986a) model, using it to characterize optimal contracts in the absence of mortgage termination, and then exploring how …