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use of bankruptcy. We formalize a distinction between strategic filing and adverse events filing by testing whether …
Persistent link: https://www.econbiz.de/10012894092
In the U.S., individuals who file for bankruptcy can protect a certain amount of property from creditor liquidation …
Persistent link: https://www.econbiz.de/10012895091
In 2016, the Indian Parliament passed the Insolvency and Bankruptcy Code (IBC). The Government has chosen to notify … only the part on corporate insolvency. It is expected that the part on personal insolvency will be notified for individuals … argument for the need for personal insolvency law. It provides a brief overview of the provisions on personal insolvency in the …
Persistent link: https://www.econbiz.de/10012895735
This article explores the gendering of modern consumerism through the lens of Chapter 7 bankruptcy. The changes made by … the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) expose that the punitive nature of bankruptcy … critical theory being applied to subjects like bankruptcy. By combining cultural analysis, legal theory, and macroeconomics …
Persistent link: https://www.econbiz.de/10012898003
This study examines the effect of Chinese internal migration upon credit risk. Specifically, we track the likelihood of default on a large panel of individual personal loans provided by a prominent Chinese commercial bank. We find that internal immigrants (i.e. those that migrate from one area...
Persistent link: https://www.econbiz.de/10012898075
In the U.S., individual parties who file for bankruptcy can exempt a certain dollar amount of property from creditor … businesses. Our results indicate that additional debtor protection, brought about by changes to bankruptcy laws, significantly …
Persistent link: https://www.econbiz.de/10012898163
This article reviews the law and economics of consumer debt collection and its regulation, a topic that has taken on added urgency in light of the announcement by the Consumer Financial Protection Bureau that it is considering new regulations on the subject. Although stricter regulation of...
Persistent link: https://www.econbiz.de/10012899108
Unlike any other consumer debt, student loans are not dischargeable through the normal bankruptcy process. Instead, for … legislative history, and the policy rationales underlying the Bankruptcy Code, courts have misclassified billions of dollars of …
Persistent link: https://www.econbiz.de/10012899795
Bankruptcy Abuse Prevention and Consumer Protection Act's (BAPCPA) effect on the Chapter 11 landscape. Two samples are tested: a …. Indeed, in the post-amendments era, debtors are increasingly using §363 of the Bankruptcy Code to exit Chapter 11 within a … few months after filing for bankruptcy. Now debtors do not spend time negotiating with their creditors to write down debt …
Persistent link: https://www.econbiz.de/10013062368
main lesson of Morrison and Uettwiller's essay on Consumer Bankruptcy Pathologies (Morrison and Uettwiller, 2017). The … essay is a major contribution to the literature on consumer bankruptcy, not for the new answers it provides, but for the old … bankruptcy system is both racially skewed and ineffective and that lawyers are in large part responsible. Morrison and Uettwiller …
Persistent link: https://www.econbiz.de/10012922808