Showing 201 - 210 of 22,284
Empirical research in bankruptcy has expanded rapidly in the past twenty years. The increase in scholars interested in … remain difficult and plagued with inconsistency. Moreover, some relevant facts pertinent to the bankruptcy system cannot be … bankruptcy; it argues that empirical studies have had an important influence on specific issues in the debates leading to the …
Persistent link: https://www.econbiz.de/10013089191
of the Indentured Generation in particularly dire circumstances will look to consumer bankruptcy for relief. But with … very few exceptions, student loan debt cannot be discharged in bankruptcy. This is because the Bankruptcy Code excepts … provided to most debts under the United States Bankruptcy Code (“Code”) is denied for student loan debt. This article proposes …
Persistent link: https://www.econbiz.de/10013089978
With record levels of unemployment in Arkansas contributing to rising bankruptcy filings, the increased demand for … bankruptcy representation should incentivize attorneys to consider developing a fundamental working knowledge of bankruptcy law …) individual and joint bankruptcies. The article's scope includes: (1) an overview of bankruptcy; (2) background on debtor …
Persistent link: https://www.econbiz.de/10013090025
Section 1129(b)(1) of the Bankruptcy Code codifies a principle known as the 'absolute priority rule.' The absolute … debtors. In 2005, Congress enacted the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 ('BAPCPA'). BAPCPA … amended chapter 11 by expanding the bankruptcy estate in individual chapter 11 cases to include post-commencement property and …
Persistent link: https://www.econbiz.de/10013090894
We present a model of sovereign debt in which, contrary to conventional wisdom, government defaults are costly because they destroy the balance sheets of domestic banks. In our model, better financial institutions allow banks to be more leveraged, thereby making them more vulnerable to sovereign...
Persistent link: https://www.econbiz.de/10013091362
This paper analyzes the relationship between consumer bankruptcy patterns and banks' soft-information. Using a major … merger exhibit a relative increase in consumer bankruptcy rates following the merger. We analyze different plausible …
Persistent link: https://www.econbiz.de/10013091403
for nations, in some European countries consumers live their whole lives in debt as there is no consumer bankruptcy … debate on consumer bankruptcy proceedings ranges between two extremes, i.e. from attaching individual blame for debt to …
Persistent link: https://www.econbiz.de/10013092202
Obesity provides a potentially informative signal about individuals' choices and preferences. Using NLSY survey data, we estimate that debt delinquency is 20 percent higher among the obese than the non-obese after controlling for an extensive set of financial and economic credit risk factors....
Persistent link: https://www.econbiz.de/10013068424
Due to the rise in foreclosure filings, policymakers are increasingly concerned with helping families in financial distress keep their homes. This paper tests the extent to which distressed mortgage borrowers benefit from three types of state foreclosure polices: (1) judicial foreclosure...
Persistent link: https://www.econbiz.de/10013070764
In this paper we study the political and economic determinants of US states' choices of homestead exemptions. We develop a political economy model in which homestead exemptions are ex-post beneficial to borrowers who default (because they shield some of their wealth from creditors) but ex-ante...
Persistent link: https://www.econbiz.de/10013072492