Spanish Insolvency Law dates back to 2003, but Spain is one of very few European countries lacking specific legislation … on consumer insolvency, even though the latest amendment to this law envisaged regulations on consumer insolvency in the …. This explains the need for a special approach to the issue of consumer insolvency, recently more geared towards specific …

, stating, “This is a cost that now causes a bankruptcy in America every thirty seconds.” That jaw-dropping statistic was based … category of those filing for bankruptcy: the “medically distressed debtor,” who would be exempt from stringent bankruptcy … debate.Several other studies have examined medical debt in bankruptcy. Using a variety of methods, these studies have …

The division of responsibility between state and federal authorities in bankruptcy is complex. The U.S. Constitution … cedes the power to pass bankruptcy laws to the federal government. For political reasons, however, since 1867 the federal … bankruptcy law has deferred to one degree or another to the states with respect to the designation of property exempt from …

Using the 2005 (pro-creditor) bankruptcy reform in the US, I investigate the impact of consumer credit availability on …

Reforms made to the U.S. Bankruptcy Code in 2005 instituted a new means testing requirement that restricts the … bankruptcy judges to reduce mortgage principal for underwater homeowners through a policy of cramdown would have had only a small …

The enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act (“BAPCPA”) of 2005, amending the … Bankruptcy Reform Act of 1978, marks a transformation in bankruptcy law and policy that is representative of larger shifts in … bankruptcy system. Socio-cultural theory provides a broadened frame for understanding the economic shift reflected in this …

I develop an equilibrium model of housing and default to jointly analyze the effects of bankruptcy and foreclosure … debt. I show that the interaction between foreclosure and bankruptcy decisions is crucial for explaining the observed cross …-state correlation between default policies and default rates. I use the model to argue that a major recent reform to bankruptcy reduced …

consumer bankruptcy. Requiring individual debtors to undergo such counseling or education as a prerequisite to discharge relief … financial management counseling or training pre-discharge, even though available evidence of the causes of consumer bankruptcy …