examines empirically the impact of the level of personal bankruptcy provisions in the US. Chapter 7 allows protecting the home … equity in bankruptcy up to a certain limit or “exemption” that varies across states and over time. Previous literature shows … response from households at higher risk of bankruptcy. Moreover, I do not confirm the evidence of a higher investment in home …

We use cross-state differences in minimum wage (MW) levels and county-level consumer bankruptcy rates from 1991-2017 to … estimate the effect of changes in minimum wages on consumer bankruptcy by exploiting policy discontinuities at state borders …. We find that Chapter 7 bankruptcy rates are significantly lower in counties belonging to states with higher MW compared …

variations in travel-related entry costs into the Canadian consumer bankruptcy system. Using detailed balance sheet and travel … bankruptcy (unsecured debt discharged, minus secured assets forgone). When compared across filers, each extra kilometer traveled … to access the bankruptcy system requires approximately $11 more in financial benefits from bankruptcy. {{p …

In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. -- foreclosure ; mortgage ; judicial ; power of sale ; right to cure …

In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices. -- foreclosure ; mortgage ; judicial ; power of sale ; right to cure …

In a recent set of influential papers, researchers have argued that residential mortgage foreclosures reduce the sale … mortgage distress on house prices …