Showing 91 - 100 of 22,284
"This paper proposes a model of how agents adjust their asset holdings in response to losses in general equilibrium. By emphasising the relation between deflation and financial distress, we capture some original features of the early debt-deflation literature, such as distress selling,...
Persistent link: https://www.econbiz.de/10002842225
Persistent link: https://www.econbiz.de/10001779804
Persistent link: https://www.econbiz.de/10002330161
Persistent link: https://www.econbiz.de/10001943696
What are the positive and normative implications of eliminating bankruptcy protection for indebted individuals? Without … bankruptcy protection, creditors can collect on defaulted debt to the extent permitted by wage garnishment laws. The elimination …
Persistent link: https://www.econbiz.de/10014178172
The goal of this paper is to show that household-level financial distress (FD) varies greatly, meaning there is unequal exposure to macroeconomic risk, and that FD can increase macroeconomic vulnerability. To do this, we first establish three facts: (i) regions in the U.S. vary significantly in...
Persistent link: https://www.econbiz.de/10014048741
Lawyers who do not do a lot of bankruptcy work may not be quite sure where things stand on the difference between a … spousal support debt and a property division debt (other marital debt) under the new bankruptcy law, the Bankruptcy Abuse … highlights the differences between the new and the old act, the Bankruptcy Reform Act of 1994 (BRA 1994), as they pertain to …
Persistent link: https://www.econbiz.de/10014194013
bankruptcy case. Finally, I suggest that courts retain discretion to interpret the provisions, and even to waive them, by … should do so is when that action is necessary to ensure that inmates retain the protection of the Bankruptcy Code …
Persistent link: https://www.econbiz.de/10014212761
State and federal bankruptcy laws make exemptions for the family home in personal bankruptcy proceedings. There is … 1978. While exemptions protect debtors ex post involved in bankruptcy proceedings, they might also reduce access to credit …
Persistent link: https://www.econbiz.de/10014220534
By compiling a novel data set from bankruptcy court dockets recorded in Delaware between 2001 and 2002, the authors … build and estimate a structural model of Chapter 13 bankruptcy. This allows them to quantify how key debtor characteristics …, including whether they are experiencing bankruptcy for the first time, their past-due secured debt at the time of filing, and …
Persistent link: https://www.econbiz.de/10014222419