A more generous consumer bankruptcy system provides greater insurance against financial risks but may also raise the … cost of credit. We study this trade-off using the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA …), which increased the costs of filing for bankruptcy. We identify the effects of BAPCPA on borrowing costs using variation in …

which bankruptcy procedures are the most appropriate. After a short presentation of each insolvency procedure, the …Consumer insolvency is a topic that has gained much prominence in the context of the financial crisis on both sides of … the Atlantic. The number of bankruptcy filings has soared in recent years, and is not expected to go down in the near …

This paper addresses consumer bankruptcy reform, specifically the 'means testing' proposal that is a part of H.R. 333/S … to eliminate 'abuse' from the bankruptcy system by making Chapter 7 unavailable to those debtors with income above a very …

This paper explores the problems and processes that led to the birth of consumer bankruptcy in continental Europe, a … most significant reform of U.S. consumer bankruptcy law, also effective in October 2005 …

of major amendments to U.S. bankruptcy law, affecting both business and consumer bankruptcies. This legislation, called … the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA), became effective on October 17, 2005. This note … summarizes key provisions of the new law that affect business bankruptcy reorganization under Chapter 11 of the U.S. Bankruptcy …

Consumer bankruptcy filings hit another record high in 1998, with nearly 1.4 million consumers filing for bankruptcy … relief. This trend sparked a debate in Congress about means-testing chapter 7 bankruptcy filings. Proponents of reform argued … study of whether filers for chapter 13 bankruptcy cases are abusing the system, or whether debtors are truly being swamped …